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

The reduction comes despite OPEC+, which comprises OPEC and its allies including Russia, beginning in April to unwind its ...

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

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

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

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

Q1 2025 Management View Executive Chairman Matt Wilks reported a 32% increase in revenue to $600 million and an 83% rise in ...

Oil prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U.S. trade deal with ...

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

The Organization of Petroleum Exporting Countries (OPEC) has reported a decline in Nigeria’s oil production following its ...

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to ...