The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

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

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction stemming from looming US sanctions on Venezuela. Output from the ...

(Bloomberg) -- Oil slumped as OPEC discussed making a second major production increase, inflaming concerns about swelling global supplies that have dragged down crude prices this year. West Texas ...

Opec and its main driver, Saudi Arabia, have decisively shifted gears over the last two months, from neutral to forward. The ...

The group confirmed plans to increase production by 411,000 barrels per day (bpd) next month, the second consecutive month of ...

However, the company anticipates challenges in the second quarter due to tariff impacts and OPEC's production increase, with management focusing on flexibility, cost controls, and opportunities in ...

OPEC+ announces a 411K barrel-per-day oil output boost for June despite falling prices, signaling a bold strategic shift.

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

(Bloomberg) -- Oil slumped as OPEC+ discussed making a second major production increase, inflaming concerns ... to discipline over-producing members. “OPEC’s decision framework appears to ...