The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...

With OPEC+’s more aggressive policy shift Capital Economics forecasts Brent crude at $60 by the end of 2025 and $50 by the end of 2026.

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

Strategy shift has sent prices plunging, 'punishment' for overproducing members Oil buckled on concerns of a global glut after ... Overproduction The decision by OPEC and its allies was taken ...

Eight OPEC+ countries have moved their meeting to plan June's oil production policy from Monday to Saturday. They are ...

LONDON (Reuters) -OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data received for the first quarter and trade tariffs ...

Riyadh shifts strategy, cutting prices to punish OPEC+ ... the 1973 oil embargo imposed by major OPEC nations that sent crude prices soaring. The parallel to today, the prince suggested, was ...

Saudi Arabia, the leading member of OPEC, has been pursuing an unconventional strategy in recent months, opting to lower oil ...

Oil dropped after OPEC+ agreed to another large output increase, raising concern that additional supply could lead to a ...

LONDON (Reuters) -OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data received for the first quarter and trade tariffs announced ...