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

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

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...

Oil prices slid more than 3% before paring losses on Thursday after President Trump hinted that the US was nearing a nuclear ...

OPEC nations made a careful start to their long-awaited oil production revival in April, ahead of the group's plans for a ...

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

Key OPEC+ nations are discussing making another production increase of roughly 400,000 barrels a day in June ahead of a video ...

The Organization of the Petroleum Exporting Countries (OPEC) has maintained its global oil demand growth forecast for 2025 at ...

Crude futures slid after OPEC+ agreed to raise output by 411,000 barrels a day in June, speeding up the gradual return of 2.2 million barrels a day in voluntary production cuts.

This marks the group’s third consecutive monthly hike, escalating concerns of a potential price war in the global oil market.

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

Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...