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

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

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 ...

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

Brent crude oil price crashed on Friday amid rising trade tensions, and the downtrend may continue after the latest OPEC+ ...

OPEC+ nations convened to deliberate on July's oil output, with indications pointing towards a 411,000 barrels per day ...

Eight members of the OPEC+ oil producing countries have begun to unwind some of their output restrictions. They are looking to ...

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

Kazakhstan's President Tokayev is advocating for structural reforms in the United Nations to give middle powers a greater say ...

Among the countries that have committed to voluntary adjustments to their output plans are Russia, Saudi Arabia, Iraq, the UAE, Kazakhstan, Algeria, Oman, and Kuwait ...