News

OPEC+ is adding more crude to the market after the Organization of the Petroleum Exporting Countries, Russia and other allies ...
Saudi effectively accounted for all of the increase, as it boosted exports by 631,000 bpd over the March-June period while ...
OPEC+ curtailed production for several years to support the market. It reversed course this year to regain market share.
OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...
A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...
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 ...
OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...
Crude oil futures plunged over 5% this week as bearish fundamentals—including rising OPEC+ output, weak exports, and fading ...
Oil futures fell for a third consecutive session after OPEC+ said it will lift output by another 547,000 barrels a day in September.
President Trump may have a way to go after Russian and Iranian oil exports as a result of OPEC+'s recent decision.
The OPEC+ group of oil producing countries will increase its output further from September, reversing fully the latest ...