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Iraq plans to cut oil exports this month as it faces growing pressure to adhere to its OPEC+ production target, according to ...
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Kazakhstan's oil output fell in the first two weeks of April by 3% from the March average, the energy ministry said on Monday ...
OPEC+ members have submitted plans to compensate for 4.57 million bpd in overproduction, with the bulk of offsets scheduled ...
OPEC+ has the ability to adjust production by slowing or reversing increases if demand continues to decline or external ...
Eight OPEC+ countries unexpectedly agreed on Thursday to advance their plan to phase out oil output cuts by increasing output ...
Key OPEC+ nations reiterated the need for members to stick to oil output quotas after the group’s surprise decision to speed ...
OPEC+ oil production reached an eight-month high in March, with several members, notably Kazakhstan, Iraq, and the UAE, ...
The OPEC+ alliance will increase supply by three times the planned amount in May in what delegates described as a deliberate effort to drive down prices to punish the group's cheats. Crude was already ...
The May hike is the next increment of a plan agreed by Russia, Saudi Arabia, UAE, Kuwait, Iraq, Algeria, Kazakhstan and Oman to gradually unwind their most recent output cut of 2.2 million bpd, which ...
Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly triple the expected increase figure.
SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter, on Sunday slashed crude oil prices for Asian buyers in May ...
Oklahoma companies were not spared the dramatic fall in stock prices felt across the U.S. economy after Trump's tariff ...
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