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Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing ...
OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...
Under the latest OPEC+ agreement, Kazakhstan's OPEC+ quota for May rose to 1.486 million bpd from 1.473 million bpd in April.
OPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels ...
Despite pledges to increase production, OPEC+ saw a decline in collective output in April, driven by shortfalls in sanctioned ...
Oil prices have begun rebounding amid signs of easing U.S.-China tensions and a surprise dip in U.S. inflation.
Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...
Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy. Click to read.
OPEC+ signals mask real output trends, with Saudi actions tightening supply and confusing markets. Find out why oil sentiment remains bearish.
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
Together, the potential Opec+ hikes in May and June are likely to add up to 400,000 bpd to Aramco’s oil production ...
OPEC nations made a careful start to their long-awaited oil production revival in April, ahead of the group's plans for a ...
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