OPEC+ on Thursday issued a new schedule for seven member nations including Russia, Kazakhstan and Iraq to make further oil ...

are not full members of OPEC but still operate within agreements. Trump called for OPEC to bring down the cost of oil in a Jan. 23 speech in Davos. He claimed lowing the price of oil would lead to ...

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

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

Many more wells are no longer profitable when oil sells for $60 a barrel or less. OPEC Plus, the name used by the Organization of the Petroleum Exporting Countries and allies like Russia ...

The report quoted three unidentified sources as saying that the increase will go ahead as planned based on agreements between OPEC+ members, which include major producer Russia. OPEC+ has been cutting ...

Putin and Saudi Crown Prince Discuss OPEC+ Agreements and Ukraine Crisis in Call MOSCOW/RIYADH (Reuters) - Russian President Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman ...

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.

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

Riyadh and Moscow participate in the implementation of the OPEC-plus agreements on reducing the world oil production MOSCOW, October 4. /TASS/. Russia thinks it important to continue to coordinate ...

Reuters' source also said OPEC's agreement was as a result of a proposal first tabled by Algeria's delegation. In other oil-related news, US stockpiles of the commodity unexpectedly fell last week.