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

This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

Oil prices fell about 2% to a 12-week low on Monday on reports OPEC+ will proceed with a planned oil output increase in April and worries U.S. tariffs could hurt global economic growth and oil demand.

Middle Eastern OPEC+ producers are exporting record volumes of refined petroleum products, potentially mitigating the impact ...

OPEC+ member Kazakhstan is producing at a record high and well above its target, as agreed with the producer group after U.S. oil major Chevron finished a major expansion at the country's Tengiz ...

The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

OPEC+ just blinked after its long standoff with ... month attempt to prop up prices at the expense of market share. Eight member countries are set to bring back 2.2 million barrels a day of ...

the only member of the oil cartel today, after the withdrawal of Ecuador in 2020. “President Lula confirmed our entry into the OPEC+ cooperation council,” said Silveira de Oliveira in a video ...

The Organisation of the Petroleum Exporting Countries (OPEC+) has unveiled a new schedule for seven of its member nations to implement further oil output cuts. This move aims to compensate for ...