If approved, this would bring OPEC+'s total supply increase for the year to 1.78 million bpd, equivalent to more than 1.5% of ...

(Reuters) -Brent crude will likely retrace to around $60 per barrel by early next year, with the market being well supplied ...

OPEC+ will make its August oil production decision on the fly during the upcoming July 6 meeting, Russia confirmed on Friday, ...

Oil prices havestabilised at pre-Middle East conflict levels following the start of the ceasefire. Expanding the oil supply ...

Output for March 2025 was revised higher by 2 kb/d and April 2025 output was revised higher by 128 kb/d compared to last ...

Crude oil holds above the 200-day MA as traders await OPEC’s decision and summer demand signals. Inventory draws and China’s ...

MOSCOW, June 30. /TASS/. Participants of the 9th OPEC International Seminar will address a broad range of issues related to the development of the global energy sector, including both short-and ...

The Gulf states are looking beyond oil and the internal combustion engine.

Oil posts worst week since March 2023, down 12% on Israel-Iran ceasefire. OPEC+ production hike adds pressure but Friday ...

The Organisation of the Petroleum Exporting Countries (Opec) said it expected the global economy to remain resilient in the ...

Vladimir Putin met with OPEC Secretary General Haitham Al Ghais on the sidelines of the International Economic Forum.

Iran is ranked third, possessing 208,600 million barrels, or 208 billion barrels. Iraq takes fourth place with 145,019 ...