For import-reliant Asia, the Opec+ output rise is a welcome development. Markets are still on edge over US-China trade ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

DUBAI: The Organisation of Petroleum Exporting Countries (Opec) has agreed to accelerate oil production hikes for a second ...

LONDON, May 8 (Reuters) - OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed U.S. attempts to ...

The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...

OPEC+ decided to increase crude oil output for this month and the next. This appears to be in support of the trend of ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

Oil prices were up slightly on Friday, after rising about 3% in the previous session, as trade tensions between top oil ...

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...