OPEC+ will increase oil production even more rapidly than expected next month, as the group led by Saudi Arabia seeks to ...

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West Texas Intermediate (WTI) crude prices remained subdued on Friday, trading near the mid $65 range amid thin holiday ...

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.

“Producing from Bahia Terra is expensive. When oil is $100 a barrel, it’s more viable than at $65,” Chambriard explained ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices.

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The Organization of the Petroleum Exporting Countries (OPEC+) may make an increase in oil output for August at its meeting on Saturday that is larger than the 411,000 barrels per day (bpd) hikes it ...

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