Opec Plus has opted for continuity at a time when the oil market is steadily losing altitude. The group’s decision to keep ...

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum ...

OPEC and its allies, together known as OPEC+, have been gradually increasing their oil output quotas since April. With U.S. crude-oil prices hovering below the often critical $60 threshold, you might ...

The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...

OPEC+ paused production increases, postponing quota decisions to manage fragile cohesion, geopolitical risks, and a ...

OPEC+ members will undergo an annual assessment of their oil production capacity starting next year for use in 2027, OPEC+ ...

The Organization of the Petroleum Exporting Countries and other major producing nations, including Russia and Kazakhstan, collectively known as OPEC+, approved on Sunday a new mechanism to assess ...

Changes OPEC+ is making to its oil production quota system will likely spark a wave of upstream investments among members, ...

The changes OPEC+ makes to its oil production quotas will likely trigger a wave upstream investment among members, especially in low-cost Gulf producers.

The Organization of the Petroleum Exporting Countries ' (OPEC) faith in the current state of the oil market plus more Ukraine drone attacks on Russian oil assets were the main reasons two key ...

Gold surged past 4,250 dollars as markets priced in a likely US rate cut, while silver hit fresh record highs on tight supply ...