Steps taken by the OPEC+ group to boost oil supplies have proved astute, given developments in the Middle East conflict, ...

Opec+ shocked oil markets in April by agreeing to an output hike for May despite weak prices and slowing demand.

OPEC+ group of leading global oil producers could bring forward its output hikes by around a year from the initial plan, Igor ...

Iran contributes nearly one-third of the total output by the Organisation of Petroleum Exporting Countries (OPEC+) and stands ...

Asharq Al Awsat Head of Russia's largest oil producer Rosneft Igor Sechin said on Saturday that the decision by the OPEC+ to speed up output increase now looked far-sighted and justified in the light ...

Russia’s chief oil official advocated for OPEC+ oil producers to move forward with their scheduled output increase, citing an ...

Russian President Vladimir Putin said on Friday that oil prices had not risen significantly due to the conflict between Iran ...

Goldman Sachs said markets are estimating a 65% likelihood of the U.S. intervening in the Middle East, though added there's a ...

The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.

OPEC+’s latest increase of 411,000 barrels per day (bpd) for July, the third such hike in three consecutive months, suggests ...

For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...

ST PETERSBURG (Reuters) -U.S. and Chinese purchases for strategic oil reserves are expected to offset any potential global ...