Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production

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  Oil prices fall after Opec+ confirms it will increase crude production

  Traders had been expecting cartel to postpone its plan to boost output
  
  Financial Times - 5h

• Oil prices end lower on plans for OPEC+ output hike and Trump’s tariffs

  Oil futures declined Monday after OPEC+ said it will boost output starting in April, and as President Donald Trump’s planned tariffs on imports from Canada and Mexico threatened to slow demand for ...
  
  MarketWatch - 7h
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  OPEC+ will start long-delayed oil production hike

  A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries that have repeatedly delayed production increases will now move forward ...
  
  The Hill - 4h

• BP’s going back to petroleum as it plans more oil spending and production

  Embattled oil major BP on Wednesday unveiled what it billed as a strategic reset, planning to increase oil and gas investment while reducing outlays for greener fuels.
  
  MarketWatch - 5d

• What Alphabet's plan to launch a lower-price YouTube product means for the stock

  The emphasis on YouTube subscriptions is a key part of the Alphabet story as it diversifies the company away from advertising.
  
  CNBC - Feb. 22

• Oil prices settle higher after Trump moves to end Venezuela crude deal

  Oil futures settled higher Thursday, finding support a day after President Trump said he was revoking a license issued by the Biden administration that had allowed Chevron to produce oil in Venezuela.
  
  MarketWatch - 4d

• We're raising our Coterra Energy price target after a solid quarter, slight outlook tweak

  Capital efficiency was a highlight with output levels above management's outlook range and spending near the low end.
  
  CNBC - 6d

• Oil prices end lower, erasing weekly gains

  “A number of decisions are pending … that could drive the oil price in one direction or the other,” one analyst noted.
  
  MarketWatch - Feb. 21
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  Trump’s Tariffs Are Raising Costs for One of His Favorite Industries: Oil

  The cost of steel pipe used to line oil and gas wells rose after President Trump said he would impose tariffs on steel and aluminum imports.
  
  The New York Times - 3d

More from The New York Times

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  Nissan and Stellantis Could Be Hit Hardest by Trump’s Tariffs

  A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.
  
  The New York Times - 11h
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  How Trump’s Tariffs on China Are Affecting Toy Companies

  A trade show for toys, most of which are made in China, showcased an industry, underneath the fun, rattled by President Trump’s higher tariffs.
  
  The New York Times - 8h
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  What You Should Know About Your Spouse’s Money

  Many couples are surprisingly unaware about key aspects of each other’s finances — and that can hurt them. Here’s how to get on the same page.
  
  The New York Times - 1d
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  How Trump’s Tariffs Could Affect American Companies

  Business owners told The Times that President Trump’s tariffs could lead to higher costs and expressed frustration at the sudden uncertainty about policy.
  
  The New York Times - 1d
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  Texas May Rename the New York Strip

  The Texas strip? That state’s lieutenant governor wants to rebrand the cut, but New Yorkers aren’t biting.
  
  The New York Times - 48m

More in Business

• Malaysia will take 'necessary action' if its companies are involved in Nvidia fraud case: Trade minister

  Malaysian says its authorities are discussing the issue with the data center companies and checking if the chips have gone to the right parties.
  
  CNBC - 12m
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  Guggenheim Lays Off 20 Employees as Financial Challenges Persist

  The museum has suffered from rising costs and lower attendance. The cuts followed those at the Brooklyn Museum, which trimmed 10 percent of its staff this month.
  
  The New York Times - 23m

• The winner of EA’s ‘Madden’ videogame tournament will get more prize money than the NFL’s Super Bowl champions

  The Madden tournament will pay its winner $250,000, while Super Bowl champs each received $171,000.
  
  MarketWatch - 29m

• China kicks off annual parliamentary meeting as investors watch for clues on economic policy

  Thousands of delegates across the country gathered in Beijing for the country's biggest political event of the year, known as the "Two Sessions."
  
  CNBC - 46m
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  Texas May Rename the New York Strip

  The Texas strip? That state’s lieutenant governor wants to rebrand the cut, but New Yorkers aren’t biting.
  
  The New York Times - 48m