Russia’s chief oil official advocated for OPEC+ oil producers to move forward with their scheduled output increase, citing an ...

ST PETERSBURG (Reuters) -U.S. and Chinese purchases for strategic oil reserves are expected to offset any potential global ...

Russia's top oil official said on Thursday that OPEC+ oil producers should proceed with plans to increase output, noting ...

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...

The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that ...

OPEC+’s latest increase of 411,000 barrels per day (bpd) for July, the third such hike in three consecutive months, suggests ...

The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.

For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...

HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...

Saudi Energy Minister Prince Abdulaziz bin Salman said OPEC+ has become a key guarantor of oil prices and the sector as a ...

The Organisation of Petroleum Exporting Countries and its allies (OPEC+) recorded a decline in crude oil output in May 2025, ...

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...