Brent crude oil futures were already dipping to nearly $61 a barrel before this announcement, and prices might go below $60 ...

DUBAI: The Organisation of Petroleum Exporting Countries (Opec) has agreed to accelerate oil production hikes for a second ...

Top oil producers, members of OPEC+, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...

Kuwait's oil minister said that the OPEC+ meeting would significantly affect production policy formulation in the coming ...

The OPEC+ members currently participating in voluntary production cuts will meet this Saturday, May 3, instead of Monday, May 5 ...

Oil buckled on concerns of a global glut after OPEC+ agreed to another bumper output increase, adding to supply at a time ...

MUSCAT: Oman’s oil production is projected to rise to 775,000 barrels per day (bpd) in June 2025, up from the required ...

The European Investment Bank (EIB) has committed to providing €350 million in loans to support renewable energy projects in Bangladesh, with the European Union contributing an additional €45 million ...

OPEC has demonstrated it still has pricing power', Ole R. Hvalbye, a commodities analyst at Skandinaviska Enskilda Banken AB ...