News

Kazakhstan's oil production has risen by 2% in May, an industry source said on Tuesday, an increase that defies pressure from ...
Kazakhstan has once again breached its OPEC+ production quota in May, relying on Chevron-led output gains at Tengiz and ...
By Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ plans to further accelerate oil output hikes and could unwind its 2.2 million barrels per day of voluntary cuts by the end of October if ...
Several OPEC+ members will suggest the group accelerates oil output hikes in June for a second consecutive month, three sources familiar with OPEC+ talks told Reuters, as a dispute worsens between ...
Despite pledges to increase production, OPEC+ saw a decline in collective output in April, driven by shortfalls in sanctioned ...
OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy. With ...
Kazakhstan's oil production fell 3% from March to 1.82 million barrels per day (bpd) in April, but was again above the ...
OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst monthly performance in years. Now the group of oil producers might add even more ...
OPEC+ signals mask real output trends, with Saudi actions tightening supply and confusing markets. Find out why oil sentiment remains bearish.
Both contracts touched their lowest since April 9 at Monday's open after Reuters reported that OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels ...
LONDON/MOSCOW, (Reuters) – OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader ...
OPEC+ will now meet Saturday - instead of Monday, as previously planned - according to news reports OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil ...