Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

On Saturday, OPEC+ agreed to raise production by 548,000 barrels per day in August—the third monthly hike in a row and part ...

The Organization of the Petroleum Exporting Countries and its allies announced Saturday they will increase oil production by ...

Saudi Arabia raised prices for its main crude grade for buyers in Asia next month as demand for oil and fuels holds up. The move, a day after OPEC producers agreed to a fourth round of big output ...

The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...

The expanded output plan will add 548,000 barrels a day starting in August, with a similar increase under consideration for September. The move accelerates OPEC+’s strategy to reclaim market share, ...

OPEC+ will increase oil production even more rapidly than expected next month, as the group led by Saudi Arabia seeks to ...

Nigeria has been left out of OPEC’s 548,000 bpd crude output increase due to poor production despite incentives and projections.

The Organisation of Petroleum Exporting Countries and its allies (OPEC+) have decided to increase production by 548,000 ...

Minister of Oil Al-Roumi reaffirmed on Saturday Kuwait’s full support for OPEC+ efforts aimed at enhancing the stability of ...

Another assignment that is much more definitive: the OPEC Seminar. The circus rolls back into Vienna as the oil producers' ...

OPEC+ nations, led by Saudi Arabia and Russia, will boost crude output by 548,000 barrels per day in August. This decision ...