An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday's separate ...

OPEC+ crude production rose in June but fell short of its planned hike, with Saudi Arabia clarifying its output amid market scrutiny.

While OPEC has raised production ceilings—137,000 bpd in April, 411,000 bpd in May and June, and now targeting 548,000 bpd in August—prices haven’t collapsed as feared.

The oil cartel - which produces 40 percent of the world’s total oil output - agreed to further increase output in August.

An OPEC+ ministerial committee made no recommendations for the group to change its oil-output policy as key members prepare to discuss September production levels later this week.

The increase is all the more likely due to "the latest statements of Kazakh Energy Minister Yerlan Akkenzhenov, who has apparently already informed OPEC that his country will not reduce production ...

Global refinery crude intake posted a sharp increase of 2.1 million bpd in June from ... falling in May and remained above the country's quota. According to OPEC, Kazakhstan's oil production rose by ...

Earnings Call Insights: ProFrac Holding Corp. (ACDC) Q1 2025 Management View Executive Chairman Matt Wilks reported a 32% increase in revenue to $600 million and an 83% rise in adjusted EBITDA to ...

March’s production increased by 869 kb/d to 45,459 kb/d for these eleven Non-OPEC countries, while as a whole, the Non-OPEC countries saw a yearly production increase of 674 kb/d to 54,188 kb/d.