The Organization of the petroleum Exporting Countries (OPEC) and allies (OPEC Plus) have decided to postpone their meetings scheduled for early December to the fifth of the same month. The Joint ...

The OPEC+ (OPEC and non-OPEC) Ministerial Monitoring Committee meeting and the OPEC+ Ministerial Meeting, originally planned ...

Prices for U.S. crude also rose about 2 percent to above $71 a barrel. OPEC Plus had first announced in June that it would gradually increase production by an estimated 2.2 million barrels a day ...

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Adding to Brent Crude’s challenges were rumors that Donald Trump may slash the red tape around oil drilling on Federal lands.

OPEC announced on Thursday that the OPEC+ group of oil producing countries had postponed their next meeting regarding output policy from December 1 to Dec.

The move by OPEC Plus is apparently intended to shore up oil prices. OPEC Plus comprises the Organization of the Petroleum Exporting Countries and other major producers such as Russia. The group ...

according to a statement posted on OPEC’s website on Sunday. They had already postponed the restart from October as faltering demand in China and swelling supplies from the Americas pressure prices.

VIENNA-- Crude oil production by the countries participating in the OPEC Plus group increased by 210,000 barrels per day (bpd) in October as compared to last month, reaching some 40.34 million bpd, ...

World oil production increased by 406 kb/d in July to 81,591 kb/d. For December 2025, production is expected to be 84,634 ...