For import-reliant Asia, the Opec+ output rise is a welcome development. Markets are still on edge over US-China trade ...

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

LONDON, May 8 (Reuters) - OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed U.S. attempts to ...

OPEC+ decided to increase crude oil output for this month and the next. This appears to be in support of the trend of ...

The Organisation of the Petroleum Exporting Countries’ oil output edged lower in April despite a scheduled output hike taking ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy. With ...

DUBAI: The Organisation of Petroleum Exporting Countries (Opec) has agreed to accelerate oil production hikes for a second ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Crude oil prices rebound 4.7% as trade optimism and strong China demand improve sentiment. OPEC supply plans remain a ...

Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...