Oil prices were mixed in the early Asian session, but may be weighed by looming OPEC+ production increase.

It’s been a month since OPEC+ said it will go ahead and gradually unwind its voluntary production cuts starting on April 1, ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose of OPEC is to “coordinate and unify the petroleum policies of its Member ...

This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

Compensations until July 2026 will total 4.203 mln barrels per day. Plans were presented by seven out of eight OPEC+ countries that followed voluntary adjustments, specifically Iraq, Kuwait, Saudi ...

Uncertainty around the impact of Donald Trump's policies has led to a small decline in gas prices over the past week, data show.

OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output curbs, as members including Saudi Arabia, seek to boost their revenues and market share, ...

Kazakhstan has persistently exceeded its output quota of 1.468 million bpd under the production-curbing deal struck by the Organization of the Petroleum Exporting Countries and allies including Russia ...