OPEC+ plan to lift output pulls Brent oil to lowest finish since September

Oil futures settled lower Tuesday, with global benchmark prices ending their lowest since November, a day after the Organization of the Petroleum Exporting Countries and its allies said they would proceed with plans to unwind some production curbs in April.

Topics

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 - 1d
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.
The New York Times - 1d
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 - 1d
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 - 1d
BP to abandon pledge to cut oil and gas output as chief fights for group’s survival

Auchincloss must convince activist investor Elliott Management he can turn around troubled oil major
Financial Times - Feb. 25
BP to ramp up oil and gas output in major shift away from green goals

Fossil fuel firm will cut more than $5bn from low-carbon investment plan in ‘fundamental reset’. Business live – latest updates BP is dropping green goals, ramping up oil and gas production ...
The Guardian - 6d
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 - Feb. 25
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast

The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.
CNBC - Feb. 25
2-year Treasury yield slides to lowest since October on more tariff talk from Trump

U.S. government debt rallied on more tariff threats by President Donald Trump on Wednesday, reigniting economic fears and sending the policy-sensitive 2-year Treasury yield to its lowest level in ...
MarketWatch - 6d

More from MarketWatch

Americans are racing to prep for tariffs, but many aren’t ready — especially this group

The sweeping tariffs that President Donald Trump has been talking about since he was on the campaign trail are finally here, and they’re arriving at a tough time for many Americans.
MarketWatch - 18m
Fallout from Trump’s trade war is spilling over into corporate bonds at a crucial moment

The first two weeks of March tend to see the highest bond issuance of the year for highly rated corporations.
MarketWatch - 25m
S&P 500 wipes out postelection gains, Nasdaq flirts with correction on tariff fears

The tech-heavy Nasdaq Composite flirted with correction territory — defined as a drop of 10% from a recent high — on Tuesday, before trimming losses.
MarketWatch - 31m
Canada, Mexico tariff deal could be in works, Lutnick suggests. Here’s what markets will watch.

A deal to roll back U.S. tariffs on Canadian and Mexican goods may be in the works, a top Trump administration official suggested Tuesday, as President Donald Trump prepared to give a major address ...
MarketWatch - 54m
Why the Fed’s inflation fight could be a victim of Trump’s tariffs and tax cuts

Trump is moving fast and breaking things. That’s creating more chaos than progress.
MarketWatch - 1h

OPEC+ plan to lift output pulls Brent oil to lowest finish since September

Topics

Related

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

Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production

OPEC+ will start long-delayed oil production hike

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

BP to abandon pledge to cut oil and gas output as chief fights for group’s survival

BP to ramp up oil and gas output in major shift away from green goals

Oil prices settle at lowest level of the year as tariff threat hurts demand outlook

Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast

2-year Treasury yield slides to lowest since October on more tariff talk from Trump

More from MarketWatch

Americans are racing to prep for tariffs, but many aren’t ready — especially this group

Fallout from Trump’s trade war is spilling over into corporate bonds at a crucial moment

S&P 500 wipes out postelection gains, Nasdaq flirts with correction on tariff fears

Canada, Mexico tariff deal could be in works, Lutnick suggests. Here’s what markets will watch.

Why the Fed’s inflation fight could be a victim of Trump’s tariffs and tax cuts

More in Business

Trump could scale back Canada, Mexico tariffs Wednesday, Lutnick says

Americans are racing to prep for tariffs, but many aren’t ready — especially this group

Fallout from Trump’s trade war is spilling over into corporate bonds at a crucial moment

S&P 500 wipes out postelection gains, Nasdaq flirts with correction on tariff fears

This Startup Just Raised $50 Million to Make Next-Gen Solar Panels