OPEC+ meets on Saturday to discuss an increase in oil output for July that may be larger than the 411,000 barrels per day ...

OPEC+ agreed on Saturday to hike July oil output by 411,000 barrels per day (bpd), the same as in May and June, as the group ...

OPEC+ hikes oil output supply for third straight month by 4,11,000 bpd: Brent crude outlook weakens to $67 in 2025 ...

The hike follows equally sized increases scheduled for May and June, marking a clear break with years of efforts by the group ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...

Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to ...

Kazakhstan has informed OPEC that it does not intend to reduce its oil production, Russia's Interfax news agency cited ...

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VIENNA, 22nd January, 2021 (WAM) -- The price of OPEC basket of thirteen crudes stood at $55.14 a barrel on Thursday, compared with $55.75 the previous day, according to OPEC Secretariat calculations.

High inventories, OPEC output hikes and an uncertain global macroeconomic climate all seem to point to likely lower crude oil ...

Saudi Arabia and its partners have discussed another large output hike, even as prices slide and demand wavers.