OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain below targets due to uneven compliance.

Even OPEC's output decision was regarded as a non-threat in some quarters, specifically, FGE, whose analysts wrote in a note that the actual month-on-month rise will be generally smaller because Iraq ...

Key OPEC+ members brought forward to Saturday an online meeting where they’re set to consider a fourth bumper oil production ...

Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with analysts ...

However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...

Oil prices rose nearly 2% on Monday as signs of strong demand more than offset the impact of a higher-than-expected OPEC+ ...

Sparse oil trading on Friday due to the U.S. Independence Day holiday resulted in Brent losing 50 cents at $68.30 per barrel by1700 GMT, and West Texas Intermediate also dipping by 50 cents to $66.50 ...

OPEC meetings are attended by representatives from 13 oil-rich nations. They discuss a range of topics regarding energy markets and agree on how much oil they will produce.

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

OPEC has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by Saudi Arabia seeks to reclaim market share.

We expect ministers will continue the unwinding of the November 2023 tranche of cuts', analysts at Standard Chartered Bank ...

OPEC+ will make its August oil production decision on the fly during the upcoming July 6 meeting, Russia confirmed on Friday, ...