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

OPEC nations made a careful start to their long-awaited oil production revival in April, ahead of the group's plans for a ...

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

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...

The prospect of higher supply from the Organization of the Petroleum Exporting Countries and allies in the coming months will ...

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

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 ...

Key OPEC+ nations are discussing making another production increase of roughly 400,000 barrels a day in June ahead of a video ...

Crude futures slid after OPEC+ agreed to raise output by 411,000 barrels a day in June, speeding up the gradual return of 2.2 million barrels a day in voluntary production cuts.

This marks the group’s third consecutive monthly hike, escalating concerns of a potential price war in the global oil market.

Key OPEC+ nations are considering another production increase of about 400,000 barrels ... as a bid to discipline over-producing members. “OPEC’s decision framework appears to be fueled ...

Q1 2025 Management View Executive Chairman Matt Wilks reported a 32% increase in revenue to $600 million and an 83% rise in ...