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 ...

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

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 ...

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

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

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