An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday's separate ...

Oil futures snap a three-day winning streak with the approach of the U.S. tariff deadline and the OPEC+ meeting that's expected to bring another large output increase for September. A rash of U.S.

CNBC's Brian Sullivan reports on news regarding OPEC's international seminar. With new power, Trump will move immediately to lay off federal workers Simon Cowell Stops ‘AGT' Audition, Asks ...

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...

OPEC now sees global demand growing by 1.3 million barrels a day, or mbd, in 2025 and by 1.28 mbd in 2026. In March, the cartel had forecast growth of 1.45 mbd this year and 1.43 mbd in 2026.

OPEC is sticking to its guns while everyone else is screaming climate emergency. The cartel now says global oil demand will hit 123 million barrels a day by 2050, up nearly 19% from today’s ...

Crude futures are headed for weekly declines after U.S. President Trump outlined plans to boost domestic production and said he would ask Saudi Arabia and OPEC to lower oil prices. Brent crude and ...

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 ...

Eight members of the OPEC Plus oil producers group said Saturday that they would pump an additional 548,000 barrels a day starting in August, an increase that was higher than some analysts ...

The chart above looks at Other 6 OPEC crude output, which is OPEC 12 minus OPEC Big 4 minus Iran and Venezuela from May 2021 to April 2025. The average annual increase is only 60 kb/d.

An oil port at Ras Tanura, Saudi Arabia, in 2018. The kingdom and seven other members of the OPEC Plus oil cartel will ramp up oil production by 411,000 barrels a day in July. Christophe Viseux ...