The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with ...

Eight key members of the Organization of the Petroleum Exporting Countries and its partners, led by Saudi Arabia, are due to ...

OPEC+ is weighing a potential oil production increase exceeding the previously planned 411,000 barrels per day for July, as it ...

Meanwhile, analysts polled by Reuters expect global oil demand to grow by an average of 775,000 barrels per day in 2025, with ...

Oil prices were stable on Friday, but on track for a second consecutive weekly decline, pressured by expectations of another ...

Kazakhstan's energy minister on Thursday dismissed complaints from other members over Kazakhstan's overproduction, saying ...

Saudi Arabia and Kuwait have announced a new oil discovery in their shared Partitioned Zone, marking the first such find ...

OPEC controls around 40% of global oil output and Riyadh has previously ... who are expanding operations at some of the country’s most productive fields. Even the UAE has pushed past its limits ...

Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing ...

Kazakhstan is unable to reduce its oil production due to its lack of authority over Western-run oilfields, undermining OPEC+ ...

Oil prices eased on Tuesday as market participants weighed the possibility of an OPEC+ decision to further increase its crude ...