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Kazakhstan has no plans to reduce its record-high crude and condensate output in May, further straining the OPEC+ alliance by ...

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

Saudi Energy Minister threatens price war to enforce OPEC+ production quotas, risking market control amid uncertain demand ...

Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook ...

Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

NEW YORK (AP) — Stocks slipped in afternoon trading on Wall Street Monday and oil prices fell to a four-year low as the OPEC+ ...

Crude oil was down 4% Sunday night, as OPEC once again announced a production increase, a move by OPEC that will eventually ...

Crude oil (CL=F, BZ=F) prices take a dip Monday morning after OPEC+ plans to increase its production by an additional 411,000 ...

The favourite theory is that Saudi Arabia is punishing OPEC members who have not been toeing the line on agreed output cuts.

Brent crude could dip below $50 a barrel by the end of the year if OPEC+ continues to accelerate production hikes, DNB Markets said.