Iraq plans to cut oil exports this month as it faces growing pressure to adhere to its OPEC+ production target, according to ...

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 ...

Until recently, oil traders complained that it was almost impossible to wring profits out of a listless and rangebound crude ...

OPEC+ has the ability to adjust production by slowing or reversing increases if demand continues to decline or external ...

OPEC+ oil production reached an eight-month high in March, with several members, notably Kazakhstan, Iraq, and the UAE, ...

JP Morgan on Monday lowered its oil price forecasts for 2025 and next year, citing higher production from OPEC+ and weaker ...

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 ...

SINGAPORE (Reuters) -Saudi Arabia, the world's top oil exporter, on Sunday slashed crude oil prices for Asian buyers in May ...

Oil prices have sold off heavily as the market deals with a potential demand hit from tariffs and a surprise supply increase ...

Oklahoma companies were not spared the dramatic fall in stock prices felt across the U.S. economy after Trump's tariff announcement.

By ripping off the band-aid, the Saudis seem to have accepted that letting prices weaken is a way to regain their lost market ...