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

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

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, ...

NEW YORK (AP) — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 ...

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

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 ...

VIENNA -- OPEC and its allies, collectively known as OPEC+, announced the decision on Saturday to increase oil output by ...

OPEC+ agreed on Saturday to raise production by 548,000 barrels per day (bpd) in August, further accelerating output increases at its first meeting since oil prices jumped — and then retreated — ...

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

OPEC+ has agreed to raise oil production by 548,000 barrels per day (bpd) in August, accelerating its output hike plan as global markets remain tight. The move follows recent geopolitical tensions and ...