Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

Eight OPEC+ member countries will go forward with plans to increase oil production amid President Donald Trump’s calls for reducing the cost of oil. The organization, headed by Saudi Arabia and Russia ...

OPEC+ has finally decided to go through with its long-delayed oil production increase, adding about 138,000 barrels per day ...

While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...

OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to ...

OPEC Plus says it will go ahead with its plan to increase crude-oil supply. The decision by the oil-producing group of ...

Nigeria has a 1.5 million barrels per day OPEC+ quota. OPEC’s secondary sources hinted that the country’s output went a little above 1.5mb/d, 1,526mb/d in January to 1,560mb/d in February.

The profits of local oil companies affiliated with Kuwait Petroleum Corporation (KPC) will remarkably improve in the ...

In a monthly report, the Organization of the Petroleum Exporting Countries said OPEC+, which includes OPEC plus Russia and other allies, in February raised output by 363,000 barrels per day to 41. ...