OPEC’s crude oil production fell in January by around 60,000 barrels per day (bpd) due to cuts by top producer Saudi Arabia which may have been steeper than the Kingdom’s quota, a survey carried out ...

A panel of energy ministers said the group of petrostates would continue cutting oil production, amid uncertainties about ...

Oil prices rebounded on Thursday after tumbling in the previous session as a weaker dollar brought back some appetite for ...

Oil prices dropped, on Thursday, after the Organisation of Petroleum Exporting Countries (OPEC) said it would maintain its ...

OPEC oil output fell in January, a Reuters survey found on Tuesday, as Iraqi exports declined and Nigerian output did not ...

An OPEC+ committee recommended Wednesday to keep the cartel's oil production unchanged, according to news reports citing ...

OPEC finally agreed to cut production in order to help support the price of oil. What happens now though? Here's the the impact the decision will have on energy ETFs. OPEC finally agreed to cut ...

The Organisation of Petroleum Exporting Countries (OPEC) and its oil-exporting allies known as OPEC+ yesterday announced a two million barrel per day cut in oil production. The oil cartel also ...

As expected, the Joint Ministerial Monitoring Committee of the OPEC+ group recommended making no changes to oil production quotas.

U.S. oil producers remained active through January, with output last week holding at a pandemic-era high as it did across the ...

cajoling - to get OPEC to increase production to bring down oil prices. When OPEC+ responded not only by refusing to increase production but by actually cutting production, it was viewed in ...

Crude oil prices reversed their losses on Thursday after the Organisation of Petroleum Exporting Countries (OPEC) agreed to maintain its planned monthly oil output. OPEC on Wednesday disclosed this at ...