RIYADH — Saudi Arabia, Russia and six other OPEC+ countries, agreed on Thursday to boost oil supply in May 2025. The OPEC+ countries, which also include Iraq, the United Arab Emirates ...

After a meeting held online on Thursday, eight OPEC+ countries said they will increase output by 411,000 barrels a day next month–the equivalent of three monthly increments–citing “healthy m ...

The OPEC+ countries that have been cutting their oil production for more than a year decided on Thursday to continue easing the reductions by adding 411,000 barrels per day (bpd) to their combined ...

The eight OPEC+ countries, which previously announced additional voluntary cuts in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met ...

Citing “healthy market fundamentals and the positive market outlook," oil ministers representing the member nations of the OPEC+ oil cartel on Thursday announced an agreement to embark on a ...

WTI crude oil (CLM25) today is down -1.82 (-2.86%), and May RBOB gasoline (RBK25) is down -0.0265 (-1.27%). Crude oil and ...

LONDON/MOSCOW (Reuters) - Eight OPEC+ countries unexpectedly agreed on Thursday to advance their plan to phase out oil output cuts by increasing output by 411,000 barrels per day in May ...

LONDON (Reuters) - Eight OPEC+ countries meeting on Thursday will focus debates on how to convince Kazakhstan to stop exceeding its output quota and its plans to compensate for overproduction as ...

The Organization of the Petroleum Exporting Countries and its allies agreed to make a larger-than-expected oil output hike in May, prompting oil prices to extend previous losses. After a meeting ...