OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...

OPEC’s June oil production rose by 270,000 bpd, but weak compliance and inconsistent enforcement raise doubts about whether ...

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

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

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

OPEC+ may make an increase in oil output for August at its meeting on Saturday that is larger than the 411,000 barrels per ...

VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) launched the 2025 edition of its Annual Statistical ...

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 ...

The Organisation of Petroleum Exporting Countries (OPEC) says its research estimates a huge oil market deficit of 23 million ...

Oil was trading slightly lower ahead of an OPEC+ meeting on July 6 that is set to deliver another oversized production hike.

Oil futures slipped slightly Friday on thin holiday volumes, as the market looked ahead to this weekend's OPEC+ meeting and ...