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

Oil prices rose today, poised for a weekly gain as trade tensions between top oil consumers China and the US showed signs of ...

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

OPEC-landen beperkten in de jaren zestig en zeventig van de vorige eeuw de productie, waarmee ze de prijzen opdreven. Een bekend voorbeeld van een genationaliseerd bedrijf is Aramco (Arabian American ...

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

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

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

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

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

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

Oil prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U.S. trade deal with ...

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