OPEC+ oil producers are set to approve another big output boost for September as they complete the unwinding of voluntary ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

Oil prices dropped slightly on Monday after the OPEC+ group surprised markets by hiking output more than expected in August, ...

Oil marketing companies like RIL, Indian Oil are anticipated to perform well, buoyed by robust refining margins and expected ...

Oil declined after OPEC agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...

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

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...