Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
The Saudi-led cartel said its members would start gradually pumping more oil in April.
Read more at The New York Times
Topics
-
Oil prices fall after Opec+ confirms it will increase crude production
Traders had been expecting cartel to postpone its plan to boost outputFinancial 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 -
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 -
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 -
After Shareholders Affirm Apple’s Diversity Policies, Trump Steps In
Presidential pressure targets the tech giant’s rejection of a plan to roll back DEI measure, including a threat of possible Justice Department investigations.Inc. - 5d -
Oil prices end higher as U.S. imposes more sanctions on Iran
Oil futures finished higher on Monday, with prices finding support after a nearly 3% decline Friday, as the U.S. imposed fresh sanctions on Iran, impacting its crude sector.MarketWatch - Feb. 24 -
Oil prices post a loss in February as U.S.-Ukraine tensions feed uncertainty
Prices on Friday finished off at the session’s lowest levels after a tense meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky dashed hopes for a Ukraine-Russia ...MarketWatch - 3d -
Texas raises ticket prices as player costs go up
Texas will be raising football season ticket prices by $13 per game next season as the program, already one of the richest in the nation, tries to meet rising costs.ESPN - 3d -
Agriculture secretary outlines plan to lower egg prices
U.S. Department of Agriculture (USDA) Secretary Brooke Rollins outlined a “five pronged strategy” to lower the cost of eggs in a Wednesday Wall Street Journal op-ed citing the avian flu as an ...The Hill - 5d -
As the price of bitcoin falls, you can leverage this tax 'loophole,' experts say
With the price of bitcoin down from a record high in January, there could be opportunities for a tax break, experts say.CNBC - 3d -
Bitcoin price falls by 17.5% in biggest monthly loss since 2022
Cryptocurrency slipped into technical bear market, before Donald Trump talked up plans for Crypto Strategic Reserve. Bitcoin has recorded its largest monthly loss since June 2022, pushing it into a ...The Guardian - 1d -
Eurozone inflation falls to 2.4% as underlying price pressures ease
Drop will bolster ECB rate-setters’ confidence in cutting interest rates this weekFinancial Times - 16h -
Oil prices settle at lowest level of the year as tariff threat hurts demand outlook
Oil futures settled Tuesday at their lowest level of the year, with the economy and energy demand expected to take a hit from proposed U.S. tariffs on Canada and Mexico that may come into effect ...MarketWatch - 6d -
Oil prices hold at 2025 lows on tariff fears, prospects for end to war in Ukraine
Oil futures settled lower Wednesday, with concerns over the global economic outlook and potential for an end to Russia’s war against Ukraine that could lift sanctions on Moscow prompting prices to ...MarketWatch - 5d -
Tesla shares slump after European sales fall
Shares in the US electric carmaker dropped after European sales halved in January.BBC News - 5d -
European stocks fall after Trump’s tariff warnings
US president has threatened 25% duties on EU imports as well as levies on other major trading partnersFinancial Times - 4d -
Producers braced for glut of palm oil after Indonesia curbs exports
Clampdown on exports of used cooking oil squeezes demand from European energy suppliersFinancial Times - 6d -
BP pivots back to oil and gas after ‘misplaced’ faith in green energy
Chief says group was too optimistic over shift to renewablesFinancial Times - 5d -
Lucid CEO steps down; EV maker plans to more than double production in 2025
Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production this year to 20,000 units.NBC News - 6d -
Lucid CEO steps down; EV maker plans to more than double production in 2025
Lucid said Marc Winterhoff, currently the company's chief operating officer, has taken over as interim CEO.CNBC - 5d -
Why Trump’s move to boost the U.S. copper market is a ‘pipe dream’ that could raise prices
President Donald Trump has made it clear that he is concerned about the United States’ dependence on foreign countries for much of its copper and is looking to boost domestic mining of the metal, ...MarketWatch - 3d -
Trump tariffs will raise gasoline and electricity prices in the U.S., Canada energy minister says
Canadian Energy Minister Jonathan Wilkinson said tariffs are a "lose, lose proposition" for the U.S. and Canada.CNBC - 7h -
Mortgage rates are falling, but it’s not helping sell more homes. Are lower house prices next?
Homebuilder stocks are in a bear market, as lower mortgage rates and continued rate discounts haven’t improved demand.MarketWatch - 2d -
Starmer prepares to meet Trump after raising defence spending
The PM will head to Washington a day after announcing military budgets would rise to 2.5% of national income by 2027.BBC News - 6d -
Student loan borrowers face abrupt 180 as GOP budget plans threaten to raise payments
Student loan borrowers could see their payments increase under budget plans currently under discussion by House Republicans, a violent about-face after years of working with the Biden ...The Hill - 6d -
Obvious Ventures, co-founded by Twitter's Evan Williams, plans to raise $400 million fund
Obvious Ventures plans to raise $400 million for its latest fund, according to a filing with the SEC.CNBC - 5d -
Senate Republican recovering at home after being hurt in fall
Sen. Kevin Cramer (R-N.D.) said he is recovering at home after suffering a concussion and “brain bleed” following a fall on the ice during a weekend trip home to North Dakota. “While walking on the ...The Hill - 6d -
Kremlin says western unity is falling apart after Oval Office row
Moscow’s spokesperson Dmitry Peskov says ‘fragmentation of the collective west has begun’Financial Times - 17h -
Stocks fall after Trump confirms Mexico, Canada tariffs are set to begin
Stocks fell after President Trump confirmed 25% tariffs on nearly all goods from Mexico and Canada are set to begin. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 6h -
Stocks fall after Trump confirms tariffs will go ahead
Exporter-heavy indices in Asia drop after Wall Street closes down in anticipation of new duties going into effectFinancial Times - 13m -
Canopy Growth’s stock falls to all-time low on pot company’s share-sale plans
Canopy Growth Corp.’s stock fell 9% to an all-time low on Monday after the cannabis company said it would sell up to $200 million of its stock.MarketWatch - 10h -
We're lifting our price target on off-price retailer TJX after another strong quarter
The stock climbed more than 3%, to over $126 a share.CNBC - 5d -
Crypto prices rally after Trump backs five coins for 'crypto reserve'
Trump named five cryptocurrencies he wanted in a potential national reserve so the US could become "the Crypto Capital of the World".BBC News - 1d -
Bird flu ravaged this farmer’s chickens. Here’s his plan to lower egg prices.
The U.S. needs to make sure USDA has enough staff to conduct research, monitor outbreaks and support farmers.MarketWatch - 5d
More from The New York Times
-
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 -
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 - 7h -
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 -
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 -
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 - 40m
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 - 4m -
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 - 16m -
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 - 21m -
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 - 38m -
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 - 40m