News

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
OPEC nations made a careful start to their long-awaited oil production revival in April, ahead of the group's plans for a ...
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...
Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...
OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...
OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction stemming from looming US sanctions on Venezuela. Output from the ...
Key OPEC+ nations are discussing making another production increase of roughly 400,000 barrels a day in June ahead of a video ...
Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...
Crude futures slid after OPEC+ agreed to raise output by 411,000 barrels a day in June, speeding up the gradual return of 2.2 million barrels a day in voluntary production cuts.
Q1 2025 Management View Executive Chairman Matt Wilks reported a 32% increase in revenue to $600 million and an 83% rise in ...
Key OPEC+ nations are considering another production increase of about 400,000 barrels ... as a bid to discipline over-producing members. “OPEC’s decision framework appears to be fueled ...