Another tussle for oil market share at low prices beckons, after OPEC+ producers announced a higher than expected crude ...

The expanded output plan will add 548,000 barrels a day starting in August, with a similar increase under consideration for September. The move accelerates OPEC+’s strategy to reclaim market share, ...

Minister of Oil Al-Roumi reaffirmed on Saturday Kuwait’s full support for OPEC+ efforts aimed at enhancing the stability of ...

Trump’s strategy appears to be twofold: pressure Tehran to negotiate and pull Iraq into the Western orbit, countering China ...

OPEC+ agreed on Saturday to raise production by 548,000 barrels per day (bpd) in August, further accelerating output ...

Saudi Arabia raised prices for its main crude grade for buyers in Asia next month as demand for oil and fuels holds up. The move, a day after OPEC producers agreed to a fourth round of big output ...

An eight-nation subset of the oil-producing OPEC+ alliance agreed to lift production by a larger-than-expected 548,000 ...

Most Gulf stock markets ended higher on Sunday as investors looked ahead to U.S. tariff decisions due later this week and took stock of OPEC+'s move to raise oil production output next month.

Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to ...

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...