https://www.reuters.com/business/energy/opec-considers-raising-oil-output-by-550000-bpd-august-sources-say-2025-07-05/
LONDON, July 5 (Reuters) - OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped - and then retreated - following Israeli and U.S. attacks on Iran.
The group, which pumps about half of the world's oil, has been curtailing production since 2022 to support the market. But it has reversed course this year to regain market share and as U.S. President Donald Trump demanded the group pump more to help keep gasoline prices lower.
https://globalnews.ca/news/11273457/andrei-badalov-fell-from-window-death-russia-moscow/
Andrei Badalov, the vice-president of Russia‘s national oil pipeline, Transneft, has been found dead after allegedly falling out of a window of his home in suburban Moscow, law enforcement told Russian state media on Friday.
The former businessman’s body was discovered beneath a window of a house in Rublyovka, an upscale residential neighbourhood on the outskirts of the Russian capital, TASS, Russia’s national news agency, says..