This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted.
Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and ...
While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...
The market perceived the distancing of the U.S. and Ukraine as a signal of a possible easing of the war, subsequently leading ...
At the same time, OPEC's policy on production increases remains flexible. "This gradual increase may be paused or reversed subject to market conditions. This flexibility will allow the group to ...
Iraq and seven OPEC+ member states convened virtually on Monday to assess the state of the global market and its prospects.
OPEC Plus says it will go ahead with its plan to increase crude-oil supply. The decision by the oil-producing group of ...
President Donald Trump confirmed Monday that 25% tariffs on Canada and Mexico are “all set” to take effect Tuesday. He also ...
The United States is drawing up a plan to give Russia sanctions relief as President Donald Trump seeks to restore ties with Moscow and stop the war in Ukraine ...
Growing concerns over demand are weighing on the oil market's outlook amid OPEC+ supply dynamics and U.S. tariffs, ING ...
Stock prices and bond yields dropped on Tuesday as investors worldwide sought safety following the United States' decision to ...
LONDON/TOKYO, - Stocks and bond yields slid on Tuesday as investors globally ducked for cover after the United States hit ...