The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other countries to raise production. By Stanley Reed Reporting from London Once again ...

OPEC-Plus’s plan to hike production by 411,000 barrels of oil per day in July comes after its recent daily increases totaling 530,000 barrels for the purpose of curbing American production and giving ...

OPEC plus annual average output is expected to rise by about 1179 kb/d from 2024 to 2026, based on the STEO forecast, which is an annual rate of increase of about 590 kb/d. Non-OPEC plus nations minus ...

OPEC+ extends oil production cuts, boosting Brent Crude prices above $75 per barrel. OPEC Secretary General expresses optimism about oil demand despite challenges. US Presidential election and ...

OPEC+ will likely raise oil output again in November as the group continues its strategy to reclaim global market share, according to people familiar with its plans. Image by Torval Mork via iStock ...