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 ...

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 ...

OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy. With ...

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 ...

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.

Kazakhstan's oil production fell 3% from March to 1.82 million barrels per day (bpd) in April, but was again above the ...

OPEC+ signals mask real output trends, with Saudi actions tightening supply and confusing markets. Find out why oil sentiment remains bearish.

Brent crude futures and U.S. West Texas Intermediate crude had settled at their lowest since February 2021 on Monday, driven ...

Barclays now expects OPEC+ to phase out the additional voluntary adjustments by October 2025, but also expects slightly ...

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 ...