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(Reuters) - Oil prices edged down on Tuesday, weighed by expectations of an OPEC+ output hike in August and concerns of an ...

OPEC-Plus’s plan to hike production by 411,000 barrels of oil per day in July comes after its recent daily increases totaling 530,000 barrels for the purpose of curbing American production and ...

Typically, OPEC Plus would be scrambling to cut supplies to bolster markets. Such calculations have clearly changed among a smaller group of eight OPEC Plus members, including Saudi Arabia, Russia ...

Output for March 2025 was revised higher by 2 kb/d and April 2025 output was revised higher by 128 kb/d compared to last ...

OPEC Plus struggled to reach this latest agreement for voluntary cuts amid internal tensions among members. The group had planed to gather Sunday, but postponed its meeting as it became clear that ...

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 end of the Russia-Ukraine war.

The OPEC report projects demand for OPEC+ crude, or crude from OPEC plus the allied countries working with it, at 43.7 million bpd in the fourth quarter, in theory allowing it room for higher ...

OPEC said on Monday it expected the global economy to remain resilient in the second half of this year and trimmed its forecast for growth in oil supply from the United States and other producers ...

The OPEC report projects demand for OPEC+ crude, or crude from OPEC plus the allied countries working with it, at 43.8 million bpd in the fourth quarter, in theory allowing room for higher ...