If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

DUBAI: The Organisation of Petroleum Exporting Countries (Opec) has agreed to accelerate oil production hikes for a second ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

Major oil producing group OPEC Plus says it will accelerate production hikes in June, despite falling crude oil prices.

Q1 2025 Management View Executive Chairman Matt Wilks reported a 32% increase in revenue to $600 million and an 83% rise in ...

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...

Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to ...

Quota violations are common in Opec. Saudi leverage comes from spare capacity, used to discipline non-compliant members ...

Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...