Eight OPEC+ producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...

(Reuters) -Barclays on Thursday said it raised its Brent oil price forecast by $6 to $72 per barrel for 2025 and by $10 to ...

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The Iranian military loaded naval mines onto vessels in the Persian Gulf last month, a move that intensified concerns in ...

Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to ...

OPEC’s June oil production rose by 270,000 bpd, but weak compliance and inconsistent enforcement raise doubts about whether ...

OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain ...

OPEC has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by Saudi Arabia seeks to reclaim market share.

VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) launched the 2025 edition of its Annual Statistical ...