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 ...

OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a challenge for the producer group in enforcing adherence to agreed output targets.

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 scheduled cuts last until June 2026. Sign up here. OPEC+, which includes OPEC plus Russia and other allies, has been cutting output by 5.85 million bpd, equal to about 5.7% of global supply ...

At the same time, several members of OPEC Plus, including the United Arab Emirates and Iraq, want to increase production, partly to fulfill agreements with international investors. The group also ...

OPEC plus, which is comprised of the 14 nations, and OPEC plus 10 other non-OPEC members like the U.S. and Russia are all set to meet on October 5th, an in-person gathering for the first time ...

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.

Crude oil (CL=F, BZ=F) prices lag on Tuesday as OPEC+ is opting to hike its supply following pressures from the Trump administration, aiming to increase production from 138,000 barrels per day to ...

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 ...

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 ...