World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

Members of the Organization of Petroleum Exporting Countries (OPEC+) on Sunday announced plans to increase oil production by ...

OPEC+ members have agreed in principle to make another bumper oil production increase of about 548,000 barrels a day for ...

BofA said, however, Brent oil price could rebound above $70/bbl by the summer of 2026 due to a combination of easier global monetary policy, a weaker dollar, more disciplined OPEC+ production and ...

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...

Oil prices remain under pressure as surging OPEC+ output and slowing demand from India shift market sentiment bearish. With U ...

ASTANA – Kazakhstan produced an average of 1.827 million barrels of oil per day in July, down 36,000 barrels from June, ...

OPEC+ has fast-tracked its oil supply reintroduction, adding 2. 2 million barrels per day between April and September 2025 — ...

Crude oil futures plunged over 5% this week as bearish fundamentals—including rising OPEC+ output, weak exports, and fading ...

An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday's separate gathering of eight OPEC+ members to decide on increasing oil output for ...

OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...