Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to ...

MIAMI -- Tropical Storm Chantal formed off the southeast U.S. coast and was forecast Saturday to bring heavy rain to parts of the Carolinas. Tropical storm warnings were issued for portions of the two ...

CNBC's assignment desk has a conundrum this week: how to approach July, 9 — the deadline for trade negotiations between the U ...

In total, Indonesia has some 4500 idle wells with reactivation potential – 4200 of which are under Pertamina’s management. Of ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

The increased production could contribute to lowering prices, as experts say it will shift the market such that supply ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

MOSCOW, July 5. /TASS/. Eight OPEC+ countries adhering to voluntary oil production cuts have decided to increase production in August by 548,000 barrels per day, which is equivalent to the original ...

Eight OPEC producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 ...

OPEC now expects supply from non-OPEC+ producers to increase by 730,000 barrels per day in 2026, compared to 800,000 barrels per day in its previous estimate. It therefore projects that US oil ...