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OPEC+ Weighs Other Super-Sized Hike in Oil Production
OPEC+ Weighs Other Super-Sized Hike in Oil Production

Yahoo

time04-07-2025

  • Business
  • Yahoo

OPEC+ Weighs Other Super-Sized Hike in Oil Production

The Organization of the Petroleum Exporting Countries and its partners are meeting this weekend via video-conference. OPEC+ is expected to deliver another substantial production hike. Members have begun discussing another 411,000 barrel-a-day production increase for August ahead of the meeting, according to delegates who asked not to be identified. Bloomberg's Stephen Stapczynski reports. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Canada LNG Is the First Sign of a Global Gas Oversupply
Canada LNG Is the First Sign of a Global Gas Oversupply

Bloomberg

time03-07-2025

  • Business
  • Bloomberg

Canada LNG Is the First Sign of a Global Gas Oversupply

Welcome to our guide to the commodities markets powering the global economy. Today, Asia energy team leader Stephen Stapczynski looks at the first signs of a long-awaited wave of global gas supply. Meanwhile, Swedish miner LKAB is preparing its Arctic railway for a militarized future. After years of tight supply and wild price swings in the global gas market, there are signs of something different: too much of a good thing.

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