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+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels ...

The largest western oil producers are mostly sticking with their growth plans for now, despite a 16% decline in crude prices ...

As Saudi Arabia’s Prince Abdulaziz bin Salman addressed his OPEC+ counterparts on a video call to ratify the group’s second huge supply increase in as many months, he invoked a surprising historical ...

The prospect of higher supply from OPEC and allies in the coming months will likely spell doom for oil prices.

OPEC+ announces a 411K barrel-per-day oil output boost for June despite falling prices, signaling a bold strategic shift.

Kuwait's oil minister said that the OPEC+ meeting would significantly affect production policy formulation in the coming ...

Dubai: Oil prices may continue to face downward pressure in the near term after OPEC+ confirmed another production increase for June. The decision, announced over the weekend, will see the group raise ...

Crude oil markets took a fresh hit this weekend after OPEC+ stunned traders by announcing a larger-than-expected output ...

OPEC+ agreed on another output surge in June, accelerating a revival of supply for a second month as the group’s leaders seek ...

Eight Organisation of the Petroleum Exporting Countries +member countries, on Saturday, announced a sharp increase in oil ...

Online meeting set for 1000 GMT today Full ministerial meeting scheduled for May 28 Oil prices have fallen to four-year low ...