OPEC+ shocked the oil market in April by agreeing a faster-than-expected unwinding of cuts despite weak prices and demand ...

By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -OPEC+ plans to further accelerate oil output hikes and could ...

OPEC+ signals mask real output trends, with Saudi actions tightening supply and confusing markets. Find out why oil sentiment ...

Nigerian crude fell below the Federal Government’s benchmark, selling for $65 per barrel, as OPEC increased production despite heightened geopolitical ...

OPEC+ sources have said Saudi Arabia is pushing OPEC+ to accelerate the unwinding of earlier output cuts to punish fellow ...

When she heard the news of Nazi Germany surrendering 80 years ago, Valentina Efremova couldn’t believe the devastating war ...

Crude oil markets took a fresh hit this weekend after OPEC+ stunned traders by announcing a larger-than-expected output ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

With only a 5% stake in OPEC+ output, Kazakhstan faces disproportionate scrutiny while larger producers evade accountability ...

The prospect of higher supply from OPEC and allies in the coming months will likely spell doom for oil prices.

U.S. benchmark oil prices (CL.1) fell 18.6% in April - their biggest monthly loss since November 2021 - with some members of OPEC+ set to Saturday, two days earlier than previously planned, according ...