News

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
Kazakhstan doesn’t have any plans to cut its ... crude oil output by 260,000 bpd. Last week, Chevron’s CEO, Mike Wirth, told analysts at the Q1 earnings call that “On OPEC plus in ...
OPEC+ could bring back 2.2 million barrels daily in supply by November this year in an apparent acceleration of the rollback of its production cuts ... to undermine their oil revenues.
Major oil producing group OPEC Plus says it will ... including OPEC member Saudi Arabia and non-member Russia, met online on Saturday. They agreed to raise output by 411,000 barrels per day ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...
The investment bank cut ... our oil price outlook." Brent was trading down 1.9% Monday at $60.12 a barrel. OPEC said Saturday that the eight producers that have made voluntary additional output ...
The Organisation of the Petroleum Exporting Countries’ oil output ... comprises OPEC and its allies, including Russia, beginning in April to unwind its most recent layer of output cuts.
LONDON (Reuters) -OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan ... drop among OPEC members in April ...