Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting ...

The OPEC+ alliance is once more angling in on group compliance with oil output cuts, amid overproduction from heavyweight ...

OPEC+ is set to go ahead with a December oil output increase as its impact will be small should a plan for some members to ...

OPEC+ officials love to make Hollywood film references. Need to bash renewable energy? Gone With the Wind. Attack whoever ...

Russian President Vladimir Putin said on Thursday that the vast domestic energy sector will be able to achieve its goals and ...

HOUSTON (Reuters) - Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top ...

A statement posted on OPEC’s website on June 2 revealed that the 38th OPEC and non-OPEC Ministerial Meeting will be held on ...

The output increase in December is not about regaining market share, it is about a small number of countries phasing out ...

Amrita Sen, founder and director of research at Energy Aspects, says OPEC+ is not looking to flood the market with an upcoming increase in production as oil heads for a third straight weekly loss.

Despite recent rumors, sources within OPEC+ have confirmed there's no specific price target for crude oil, including the ...

Oil futures edged higher in Friday dealings but remained on track for a weekly loss on expectations OPEC+ will boost ...

OPEC+ remains committed to its current production plan, which includes adding oil to the market in December, despite rumors of a policy change by Saudi Arabia.