At a virtual meeting Saturday, eight core members led by Saudi Arabia agreed to add 548,000 barrels per day (bpd) to global supply—exceeding earlier expectations of a 411,000 bpd hike.

The core group of OPEC+ oil cartel members is increasing production to 548,000 barrels per day in August, it said on Saturday ...

OPEC+ announced a significant oil production hike of 548,000 barrels per day (bpd) for August, accelerating its output ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

Saudi Arabia, Russia and six other key members of the OPEC+ alliance on Saturday said they would further increase oil output in August to 548,000 barrels per day. Analysts had expected the alliance to ...

MOSCOW, July 5. /TASS/. Eight OPEC+ countries adhering to voluntary oil production cuts have decided to increase production in August by 548,000 barrels per day, which is equivalent to the original ...

Eight OPEC producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 ...

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

U.S. crude oil inventories rose for the first time in six weeks as imports rose and exports dropped, according to data released by the U.S. Energy Information Administration. Gasoline inventories rose ...

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

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