MOSCOW, May 14. /TASS/. Oil production by the eight OPEC+ countries, which voluntarily reduce oil production, totaled 30.807 million barrels per day (bpd) in April, which is 475,000 bpd above the ...

Despite pledges to increase production, OPEC+ saw a decline in collective output in April, driven by shortfalls in sanctioned ...

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

MOSCOW, May 14. /TASS/. OPEC+ countries participating in the agreement on crude output reduction slashed production by 27,000 barrels per day (bpd) in April 2025, with output being 68,000 bpd below ...

Kazakhstan is set to raise its seaborne crude exports to a near record next month as tensions persist between Astana and its ...

The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

Stock markets diverged Tuesday as investors awaited a US Federal Reserve interest-rate meeting for signs of the outlook for ...

Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded ...

VIENNA, Austria — Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June ...

Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June at the risk of driving down already very low prices. Saudi Arabia, along with Russia and six ...

The eight OPEC+ countries also noted that this measure will provide an opportunity for the participating countries to accelerate their compensation,” it continued. The release went on to state ...