The group’s production decisions have confused the oil market. We will soon know how deep the cartel plans to dig in, Ben Cahill writes in a guest commentary.

As for the other main ratings agencies, in late May, S&P Global Ratings said it expects U.S. oil and gas producers to reduce ...

Downward pressure on oil prices may lead to relief at the pump this summer. A headline in the New York Times this weekend ...

ASTANA. June 4 (Interfax) - Kazakh Deputy Energy Minister Yerlan Akkenzhenov met with OPEC Secretary-General Haitham Al Ghais in Astana, the Kazakh Energy Ministry's press service said.

ASTANA – Kazakhstan, along with seven other OPEC+ countries – Algeria, Iraq, Kuwait, Oman, Russia, Saudi Arabia, and the ...

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

OPEC+ is set to meet online this Saturday at 0900 GMT to decide on July oil output levels, with discussions centered around a ...

OPEC+ has agreed to increase oil production in July by 411,000 barrels per day (bpd) as it did in May and June, as the ...

Oil prices and energy stocks have sold off due to weak demand and OPEC+ production unwinds. Find out why the long-term bull ...

Oil prices jumped by about 3 per cent on Monday after producer group OPEC+ kept output increases in July at the same level as ...

The Organization of the Petroleum Exporting Countries and their allies decided on Saturday to raise output by 411,000 barrels per day in July, the third month the group known as OPEC+ increased by the ...

Opec+ is accelerating the rollback of oil production cuts, adding 411,000 b/d in July, as Saudi Arabia pushes to restore ...