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OPEC and Allies Plan to Keep Oil Production Targets

OPEC+ sticks with plan to keep oil flow steady amid turmoil

OPEC+ stuck with plans to pause supply increases in the first quarter, as global markets face a surplus and the group awaits clarity on whether the shock US capture of Venezuela leader Nicolas Maduro ...

The Week · 16h

Why OPEC countries are unlikely to hike oil output despite US plan to take over Venezuela’s oil

· 12h

OPEC and Allies Plan to Keep Oil Production Targets After Incursion in Venezuela

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Trump’s plan to seize Venezuela’s oil faces major hurdles

U.S. President Donald Trump’s plan to take control of Venezuela’s oil industry and ask American companies to revitalize it after capturing President Nicolás Maduro in a raid isn’t likely to have a sig...

· 23h

Maduro brought to US to face charges as Trump vows to ‘run’ Venezuela and take control of oil reserves

· 11h

The big obstacles to Trump’s plan for a Venezuelan oil windfall

· 20h

US plans to ‘run’ Venezuela and tap its oil reserves, Trump says, after operation to oust Maduro

At least seven explosions and low-flying aircraft were heard around 2 a.m. local time on Saturday in the capital, Caracas.

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OPEC+ Will Keep Oil Production Steady Amid Uncertainty About Trump’s Plan For Venezuelan Oil

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Trump says second Venezuela strike possible if government does not cooperate

12h

OPEC Members Won't Make Drastic Production Changes

Leading oil producing nations confirmed on Sunday that they would remain cautious on their outlook after the U.S.' raid in Venezuela, saying they wouldn't make any drastic changes to production levels.

Opinion

The Daily Overview on MSNOpinion

OPEC is pumping more oil, here's what changed

Oil producers inside and outside the Organization of the Petroleum Exporting Countries are quietly shifting from restraint to expansion, lifting output even as demand signals look uneven. The result is a world where OPEC is no longer just defending prices,

Daily Journal

Brazil to join OPEC+, group of major oil-exporting nations

Though non-OPEC members agree to cooperate with OPEC nations, Brazil won’t have any binding obligation such as production cuts, Mines and Energy Minister Alexandre Silveira said at a news conference. The participation will be limited to the Charter of Cooperation, a permanent forum for OPEC and OPEC+ countries to discuss industry-related issues.

Investopedia

Organization of the Petroleum Exporting Countries (OPEC)

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. Adam received his master's in economics ...