The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned ...

OPEC+ is expected to agree on a plan that would see production for the group increase in May, OPEC+ sources told Reuters on ...

Oil futures are on track to end March at similar levels seen at the end of February, as prices have recovered since OPEC+ ...

(Reuters) - Oil prices are set to remain under pressure in 2025 as U.S. tariffs and slowing economic growth in India and ...

OPEC+, which is comprised of the Organization of the Petroleum Exporting Countries and their allies, said on March 3 that it would go ahead with plans to boost production starting April 1 by gradually ...

Russia’s central bank has warned the Kremlin’s policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the prolonged price collapse of the 1980s – ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria.FactsThe ...

Oil prices recorded a second consecutive weekly gain as fresh US sanctions on Iran and the latest output plan from the ...

Trump knows that Saudi Arabia is critical to lowering oil prices and pressuring Russia to come to the bargaining table.

Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...