Oil traders expect OPEC+ will agree another bumper production increase this weekend, completing the revival of its current tranche of halted supplies.

Saudi effectively accounted for all of the increase, as it boosted exports by 631,000 bpd over the March-June period while ...

Members of the Organization of Petroleum Exporting Countries (OPEC+) on Sunday announced plans to increase oil production by ...

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...

OPEC+ members have agreed in principle to make another bumper oil production increase of about 548,000 barrels a day for ...

Low diesel stockpiles worldwide are countering the downward pressure on crude oil prices from rising OPEC+ supply and setting ...

Iraq scaled back crude production in July, even as total output from OPEC members climbed, a survey by Reuters indicated. The ...

Crude oil futures plunged over 5% this week as bearish fundamentals—including rising OPEC+ output, weak exports, and fading ...

Oil prices slipped in early Asian trade on Monday after OPEC+ agreed to another large production hike in September. Brent ...

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...

Oil futures are under pressure after OPEC+ — made up of the Organization of the Petroleum Exporting Countries and its allies ...

An OPEC+ ministerial committee made no recommendations for the group to change its oil-output policy as key members prepare to discuss September production levels later this week.