Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

OPEC+ agreed on Saturday to hike July oil output by 411,000 barrels per day (bpd), the same as in May and June, as the group ...

OPEC+ agreed to surge oil output for the third month in a row despite reservations from key member Russia, doubling down on a ...

The hike follows equally sized increases scheduled for May and June, marking a clear break with years of efforts by the group ...

The latest move was expected by the markets and is therefore unlikely to have a major impact on oil prices, Commerzbank analysts predicted before the decision. OPEC+ unites the Vienna-based ...

The alliance, which includes OPEC members and non-OPEC allies like Russia, has already hiked output by 411,000 bpd for both ...

The decision comes after a meeting of all OPEC ministers on Wednesday. The decision is officially justified by "healthy ...

The OPEC+ group of oil -producing countries has begun unwinding some of its output curbs with eight members looking to ...

Crude oil futures ended lower as the market awaits the outcome of Saturday's OPEC+ meeting, where the group is widely ...

VIENNA: Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for ...

OPEC+ countries have announced a significant increase to oil production levels in July. The eight OPEC+ countries, which ...