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.

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.

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 ...

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 ...

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

OPEC+ will increase oil production by 411,000 bpd in July 2025, continuing its strategy to gradually restore supply. However, ...

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 ...

LONDON: Oil prices jumped by about 4% on Monday after producer group OPEC+ kept output increases in July at the ...

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

Dubai OPEC+ has escalated production quotas by roughly one million barrels per day from March to June, aiming to reacti ...

The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely ...