OPEC+ will likely agree to further accelerate oil output increases on Saturday at its first meeting since oil prices jumped, ...

OPEC has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by Saudi Arabia seeks to reclaim market share.

The wider OPEC+ group — comprising the 12-nation Organization of the Petroleum Exporting Countries (OPEC) and its allies — began output cuts in 2022 in a bid to prop up prices.

LONDON (Reuters) -OPEC+ will consider raising oil output by around 550,000 barrels per day in August at its meeting on ...

Eight members of the group - Saudi Arabia, Russia, the UAE, Kuwait, Oman, Iraq, Kazakhstan and Algeria - are scheduled to meet online on Saturday to decide their oil output policy for August ...

Oil prices experienced a slight dip on Friday. This happened as traders anticipated the OPEC+ meeting. The meeting is ...

OPEC+ members, including Saudi Arabia and Russia, are expected to agree on a 411,000 barrels per day production increase for ...

OPEC and its partners have pivoted from years of output restraint to reopening the taps, surprising crude traders and raising questions about the group’s long-term strategy.

Sparse oil trading on Friday due to the U.S. Independence Day holiday resulted in Brent losing 50 cents at $68.30 per barrel by1700 GMT, and West Texas Intermediate also dipping by 50 cents to $66.50 ...

LONDON: Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with ...