OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping ...

Vienna: Eight members of the OPEC+ group of oil-producing nations said on Sunday they were extending supply cuts until the end of December. The countries "have agreed to extend the November 2023 ...

The Organization of Oil Exporting Countries (OPEC) Monday decided to cut their output of crude and put on sale on international markets 100,000 bpds less daily as fears of a recession keep ...

It’s the first output hike for OPEC since 2022, marking a cautious step toward unwinding the 2.2 million bpd in cuts the cartel has been clinging to like a security blanket. Oil prices were ...

OPEC Plus says it will go ahead with its plan to increase crude-oil supply. The decision by the oil-producing group of countries follows pressure from US President Trump on OPEC to bring down prices.

on prospects for a global trade war that could dent demand and plans by major oil producers to begin unwinding output cuts next month. Official U.S. data showing a bigger-than-expected weekly rise ...

However, further gains are capped by growing concerns over the impact of U.S. tariffs on the global economy and oil consumption, as well as OPEC+ plans to unwind some of its output cuts.

Reports from OPEC saying the group would proceed with its planned partial rollback of the production cuts in April sent oil ... output beginning in April, even though several members have been ...

There was no immediate comment from OPEC or ... 2.2 million bpd output cut the nations and three other OPEC+ members made last year. Taking into account the 374,000 bpd rise in oil products ...

Output target as announced by the countries making voluntary cuts, or as announced by OPEC. Excludes Iraq compensation plan for ... Venezuelan data includes upgraded synthetic oil. Nigerian crude ...

(Bloomberg) -- Goldman Sachs Group Inc. cut its oil price forecasts, as tariffs reduce the outlook for US growth while OPEC and its allies boost output. The move follows a drop in crude prices ...