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

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

On Saturday, OPEC+ agreed to raise production by 548,000 barrels per day in August—the third monthly hike in a row and part ...

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 ...

OPEC+ will increase oil production even more rapidly than expected next month, as the group led by Saudi Arabia seeks to ...

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

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.

Opec+ has agreed to a larger-than-anticipated increase in its monthly oil output, by 548,000 barrels per day, for August. The ...

The increased production could contribute to lowering prices, as experts say it will shift the market such that supply ...

The Organisation of Petroleum Exporting Countries and its allies (OPEC+) have decided to increase production by 548,000 ...