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

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 ...

Low global oil stockpiles were a major motivating factor in prompting OPEC+ members to raise production by 548,000 barrels ...

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

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

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

LONDON (Reuters) -OPEC+ will consider raising oil output by around 550,000 barrels per day in August at its meeting on ...

OPEC has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by Saudi Arabia seeks to reclaim market share.

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

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