OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

With the additional OPEC+ output, Morgan Stanley raised its expected supply surplus for oil liquids in the second half of this year to 1.1 million barrels a day from 700,000 barrels a day, and for ...

OPEC+ plans to further accelerate oil output hikes and could unwind its 2.2 million barrels per day of voluntary cuts by the end of October if members do not improve compliance with their production ...

Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output ...

The Organization of the Petroleum Exporting Countries (OPEC) lowered its annual production ... citing reduced capex given fading oil prices. The Organization predicted that non-OPEC+ countries ...

Crude futures slid after OPEC+ agreed to raise output by 411,000 barrels a day in June, speeding up the gradual return of 2.2 million barrels a day in voluntary production cuts.

OPEC+ could bring back 2.2 million barrels daily in supply by November this year in an apparent acceleration of the rollback of its production cuts ... to undermine their oil revenues.

The US cut its forecast for domestic crude production this year even before oil’s latest plunge below $60 a barrel prompted ...

Oil prices slumped ... its mind on the output increase or the administration revisits the tariff conversation, Ingham indicated, announcements of layoffs or production cuts could be coming soon.

OPEC+ shocked oil markets in April by agreeing to a bigger-than-expected output hike for May despite weak prices and slowing demand. OPEC’s de facto leader Saudi Arabia designed the move to ...