The Organization of the Petroleum Exporting Countries and allies (OPEC+) agreed on Saturday to hike their collective crude ...

Oil falls in the early Asian session on the larger-than-expected output increase by OPEC+. The group announced on Saturday that it will raise production by 548,000 barrels a day in August. The planned ...

Crude prices slipped after OPEC+ surprised markets with a significant production increase for August, fueling concerns about oversupply as global demand faces fresh headwinds from US trade policy.

Crude oil prices (CL.1) fell Sunday after the Organization of the Petroleum Exporting Countries and its allies announced Saturday they will increase oil production by a larger-than-expected amount in ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

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, ...

MIAMI -- Tropical Storm Chantal formed off the southeast U.S. coast and was forecast Saturday to bring heavy rain to parts of the Carolinas. Tropical storm warnings were issued for portions of the two ...

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

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

The increased production could contribute to lowering prices, as experts say it will shift the market such that supply ...

OPEC+ raises oil production by 548K barrels/day in August amid steady economic outlook & low inventories. Read more here.

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...