OPEC+ countries agreed on May 3 to accelerate oil output growth for a second consecutive month, increasing output by 411,000 ...

Opec+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels per day (bpd), the group said on Saturday, despite falling prices and ...

OPEC+ plans to further accelerate oil output hikes and possibly unwind 2.2 million barrel per day of voluntary cuts through ...

Top oil producers, members of OPEC+, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies ...

Kuwait's Oil Minister Tareq Al-Roumi stresses the importance of stabilizing oil markets during the OPEC+ video conference.

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

Dubai: Oil prices may continue to face downward pressure in the near term after OPEC+ confirmed another production increase ...

For years, OPEC+—a 22-nation group—held back millions of barrels to maintain market stability. But analysts say the cartel is now shifting gears to protect market share, especially amid falling demand ...

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OPEC+ has agreed to increase oil production for a second consecutive month, raising output by 411,000 barrels per day in June ...

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