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

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

OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...

An OPEC+ panel is unlikely to alter existing plans to raise oil output when it meets on Monday, four OPEC+ delegates said, ...

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.

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.

Oil prices in Asian trading saw a modest uptick on Monday after falling to three-week lows last week. The rebound was sparked ...

The OPEC+ Joint Ministerial Monitoring Committee (JMMC) reiterated its call for member states to adhere to agreed 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 ...

A trade deal between the US and EU proved positive for sentiment this morning in the oil market. However, attention will ...

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.