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+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels ...

The largest western oil producers are mostly sticking with their growth plans for now, despite a 16% decline in crude prices ...

As Saudi Arabia’s Prince Abdulaziz bin Salman addressed his OPEC+ counterparts on a video call to ratify the group’s second huge supply increase in as many months, he invoked a surprising historical ...

OPEC+ announces a 411K barrel-per-day oil output boost for June despite falling prices, signaling a bold strategic shift.

Kuwait's oil minister said that the OPEC+ meeting would significantly affect production policy formulation in the coming ...

All of Berkshire Hathaway's holdings have their bullish arguments, but three of them are particularly strong arguments right now.

Crude oil markets took a fresh hit this weekend after OPEC+ stunned traders by announcing a larger-than-expected output ...

Dubai: Oil prices may continue to face downward pressure in the near term after OPEC+ confirmed another production increase for June. The decision, announced over the weekend, will see the group raise ...

Eight Organisation of the Petroleum Exporting Countries +member countries, on Saturday, announced a sharp increase in oil ...

OPEC+ agreed on another output surge in June, accelerating a revival of supply for a second month as the group’s leaders seek ...

The Minister of Mineral and Petroleum Resources says factors such as the decrease in the import of crude oil have contributed ...