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 ...

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 ...

Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.

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 ...

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 ...

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 ...

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 ...