Russia’s data show the nation kept its crude oil production below its OPEC+ target in May, according to people familiar with ...

Thats even higher than the 359,000 bpd they had collectively committed to additionally produce under Opec+s plan to raise ...

Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...

By boosting supply in a market already grappling with sluggish demand, the move is likely to keep oil prices lower for an ...

Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...

Saudi Arabia, the world's biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in ...

Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.

Oil climbed after OPEC+ increased production less than some had feared and geopolitical concerns flared in Ukraine and ...

Oil prices climbed nearly 3% on Monday on supply concerns as producer group OPEC+ decided not to accelerate plans to hike ...

If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...

The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...

Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...