PERTH/SINGAPORE: Oil prices inched lower on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies. Brent crude futures fell 34 cents, or 0.47 percent, to $71.78 a barrel by 07:08 a.m. Saudi time after settling 0.45 percent higher on Friday. US West Texas Intermediate crude was at $68.49 a barrel, down 20 cents, or 0.29 percent. There was no settlement for WTI on Friday as US markets were closed ahead of the Independence Day holiday on Saturday.

LONDON: OPEC+ has agreed a further increase in output targets from August, the group said in a statement on Sunday (Jul 5), adding to global supply at a time when oil prices are…

Oil prices dipped as OPEC+ agreed to boost output from August, with key producers seeing recovering exports via the Strait of Hormuz. Despite the planned increase, actual output…

Oil prices were little changed on Monday after OPEC+ agreed to further increase its output targets from August.

Oil prices edged lower early on Monday after OPEC+ agreed to raise production targets again from August, while improving exports from the Gulf and higher Russian shipments fuelled…

Brent crude futures slipped 24 cents, or 0.e33%, to $71.88 a barrel. U.S. West Texas Intermediate crude fell 11 cents, or 0.16%, to $68.58 a barrel. WTI did not settle on Friday…

Oil prices dropped as the Strait of Hormuz shipping flows recovered and OPEC+ indicated plans to increase global supply, pushing Brent below $72 and WTI near $68 per barrel.

Exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies.

PERTH/SINGAPORE: Oil prices inched lower on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of…

July 6 : Oil prices were stable around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices and after OPEC+ agreed to further increase its output…

NEW YORK, July 6 : Oil prices settled around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices, OPEC+ approved another production target increase…

NEW YORK, July 6 : Oil prices were little changed on Monday, trading around pre-Iran war levels as Saudi Arabia slashed its official selling prices, OPEC+ approved another…

July 6 : Oil prices fell on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering,…

July 6 : Oil prices fell by more than 1 per cent on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of…

Global oil prices edged lower during trading on Monday, July 6, following a decision by OPEC+ to further lift its production limits. Con ...

Brent crude rose 0.4 per cent to US$72.27 a barrel as at 8.27am Singapore time. Read more at straitstimes.com. Read more at straitstimes.com.

SINGAPORE: Oil prices edged higher on Tuesday, though gains were capped as traders looked beyond easing geopolitical tensions in the Middle East and turned their attention to…