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

Wale Tinubu has been invited to join an exclusive high-level roundtable session at the prestigious OPEC International ...

However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...

Global oil prices are expected to remain low this week following the decision of Opec and its allies to increase production, says Thai Oil Plc (TOP), the country's largest refiner by capacity.With the ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

War can lead to ‘complications on energy producers’ and hardships on national economies, Iran’s oil minister warned on ...

Sarah Emerson, President of ESAI Energy, talks about OPEC+ latest production hike, summer demand and supply. She speaks to ...

Oil prices rebound as tight supply offsets OPEC+ output hike. Traders eye $67.58 for crude futures breakout amid bullish oil ...

The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...

Oil declined after OPEC agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.

Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly ...