World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

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

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

Bank of America said Thursday it expects Brent crude prices will drop below $60/bbl in this year's H2, as rising production by OPEC+ will increase the crude oil market surplus. BofA forecasts an ...

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

BofA said, however, Brent oil price could rebound above $70/bbl by the summer of 2026 due to a combination of easier global monetary policy, a weaker dollar, more disciplined OPEC+ production and ...

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

ASTANA – Kazakhstan produced an average of 1.827 million barrels of oil per day in July, down 36,000 barrels from June, ...

OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...

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

An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday's separate gathering of eight OPEC+ members to decide on increasing oil output for ...

Oil prices dip as OPEC+ hikes supply; analysts highlight supply risks and market strategies. Discover insights on Brent, WTI, ...