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Oil Market: OPEC+ Weighs Other Super-Sized Hike in Production
Bloomberg Television· 2025-07-04 06:06
What are you expecting to come out of this meeting. Is a production hike a done deal. You know, nothing is a done deal when it comes to Opec+ and they have the capacity to surprise the market.But what's widely expected and what my colleagues have reported is that we're seeing a 411,000 barrel a day increase over in the next month. Now, that is three times more than the plans at the moment. But they've done these kind of super sized increases over the last over the last three months.So this will be the fourt ...
Oil gives back gains after U.S. strike: Here's why
CNBC Television· 2025-06-23 15:18
Listen to CNBC wherever you get your podcasts. >> Oil prices spiked over the weekend. This following America's strikes on Iran, but now they're in the red.You can see that, of course. President Trump posted on Truth Social this morning. Everyone keep oil prices down.I'm watching. You're playing right into the hands of the enemy. Don't do it.Posted the president and to the Department of Energy. Drill, baby. Drill.And I mean now. Brian Sullivan is here at post nine. He's going to help us break those things do ...