The OPEC bloc of oil-producing nations announced Monday that it will extend ... that the cuts would be extended through September with a plan to gradually return to previous output levels by ...

Additional voluntary cuts of 2.2 million bpd, first introduced in 2023, will remain in place until March 2025. The OPEC+ group decided on Thursday to extend its collective oil production cuts of 3 ...

The Organization of Oil Exporting Countries (OPEC) Monday decided to cut their output of crude and put on sale on international markets 100,000 bpds less daily as fears of a recession keep ...

The OPEC oil cartel and its allies are expected Thursday to extend their supply cuts to avoid a sharp drop ... as certain countries want to boost output. The virtual meeting is set to get ...

Eight OPEC+ countries will extend ... The supply cuts are only having a muted impact on the market, with US president-elect Donald Trump expected to adopt policies to boost US oil output while ...

OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...

OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at ...

The International Monetary Fund has lowered its 2025 GDP growth projection for Saudi Arabia to 3.3%, mainly due to extended ...

The Vienna-based cartel retained its oil demand forecast for this year after a series of cuts and projected broadly stable ...

Commodity experts at Standard Chartered predict that the ongoing strength in oil markets at the start of the new year is ...

Russia's crude oil production fell below its OPEC+ quota in December, raising concerns about its ability to meet future ...

Consumers can expect a big-time oil price hike of up to P1 per liter on Tuesday to reflect the movement of prices in the ...