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 ...

LONDON/MOSCOW, April 3 (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 ...

Eight OPEC+ countries have decided to accelerate their oil output increase, raising production by 411,000 barrels per day (bpd), equivalent to three monthly increments, in May. This decision led ...

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

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 ...

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 ...

Several ministers from the Organization of the Petroleum Exporting Countries and allies led by Russia, or OPEC+ as the group is known, will hold an online joint ministerial monitoring committee ...

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 ...