News

Kazakhstan has informed OPEC that it does not intend to reduce its oil production, Russia's Interfax news agency cited ...
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 ...
Kazakhstan is unable to reduce its oil production due to its lack of authority over Western-run oilfields, undermining OPEC+ ...
Kazakhstan is on track to surpass its oil production target for 2025 thanks to a Chevron-led expansion at the Tengiz field, ...
The hike follows equally sized increases scheduled for May and June, marking a clear break with years of efforts by the group ...
Eight OPEC+ countries have been raising output more rapidly than earlier planned, even though the extra supply has weighed on ...
BEIJING - Oil prices were on track to end the week down more than 1% on Friday amid whipsawing tariff rulings in the U.S. and as the market braced for a potential OPEC+ output hike.
Brent crude oil price crashed on Friday amid rising trade tensions, and the downtrend may continue after the latest OPEC+ ...
Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...
OPEC+ nations convened to deliberate on July's oil output, with indications pointing towards a 411,000 barrels per day ...