OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a ...

Kazakhstan will quickly adjust its oil output in order to get back in line with its OPEC+ quota after exceeding the limit in ...

OPEC+ output cuts have been in place for a long period of time, but continued demand growth makes OPEC+ relevant for years to ...

OPEC+ will proceed with plans to revive halted oil production after repeated delays, amid pressure from President Donald ...

Eight OPEC+ members that are making the group's most recent layer of output cuts held a virtual meeting on Monday and agreed to proceed with the April increase, OPEC said. The increase is 138,000 ...

This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted. Image by ClusterX via iStock A statement posted on OPEC’s website on ...

Members of the Organization of Petroleum Exporting Countries will revive oil production in April, committing to a deadline energy experts assumed was headed for a delay. The coalition and allies ...

Oil prices fell sharply on Monday, reaching their lowest levels in 2025, following the unexpected decision by OPEC+ to restart some of its previously halted production. WTI crude fell 2% to settle ...

Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April while ...

Low demand in China and an ongoing production boom among non-OPEC members have made it difficult for the cartel to achieve higher prices. Still, given that OPEC economies are highly dependent on ...