OPEC

Oil slides on OPEC+ output increase, US tariff uncertainty

Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned… Read More

OPEC+ expected to extend oil supply cuts

VIENNA, Austria: The OPEC oil cartel and its allies are expected Thursday to extend their… Read More

OPEC says Chinese economy pulling down oil demand

PARIS: Uncertainty about Chinese economic growth is weighing on global oil demand this year, OPEC… Read More

Oil steady as investors eye US inflation, OPEC report

Oil prices were little changed on Tuesday as investors eyed fresh drivers, including upcoming U.S.… Read More

Several countries extend oil cuts to boost prices

Russia, Saudi Arabia and several other OPEC+ members on Sunday announced extensions to oil production… Read More

OPEC sticks to oil demand view, sees better economic growth

OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand… Read More

Oil prices gain after OPEC+ maintains output cuts

SINGAPORE: Oil prices rose in early trade on Friday following a decision by OPEC+ to… Read More

Angola decides to leave OPEC; stakeholders react!

LONDON: Angola has decided to leave the Organization of the Petroleum Exporting Countries (OPEC), its… Read More

Brent climbs ahead of OPEC+ oil production decision

Brent crude futures rose in early Asian trade on Friday, reversing losses in the previous… Read More

Oil extends gains as OPEC+ to mull deeper cuts

Oil futures nudged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts… Read More

Saudi to cut oil output in July as OPEC extends deal into 2024

VIENNA: Saudi Arabia will make deep production cuts in July as part of a broader… Read More

OPEC+ begins meetings that may agree further output cuts

OPEC and its allies began two days of meetings on Saturday that may culminate in… Read More

Oil falls on US debt deal struggles, OPEC+ talks uncertainty

Oil fell on Tuesday, giving up earlier gains, as concerns about the viability of the… Read More

Oil prices stabilise after hefty losses

Oil prices steadied on Thursday after the previous day's price drop erased the supportive impact… Read More

OPEC cites risks to summer oil outlook

OPEC on Thursday flagged downside risks to summer oil demand as part of the backdrop… Read More

Oil prices edge up as OPEC+ output cuts

Oil prices rose on Wednesday, boosted by expectations of U.S. crude inventory declines as well… Read More

Saudi Arabia, OPEC+ producers announce surprise oil output cuts

DUBAI: Saudi Arabia and other OPEC+ oil producers on Sunday announced voluntary cuts to their… Read More

Putin and Saudi crown prince discuss OPEC+ cooperation

Russian President Vladimir Putin held a phone call with Saudi Crown Prince Mohammed Bin Salman… Read More

Oil prices surge after OPEC+ reaffirms oil output targets

MELBOURNE: Oil prices inched up in early trade after OPEC+ nations reaffirmed their oil output… Read More

Opec+ likely to maintain oil output levels

Major oil-producing countries led by Saudi Arabia and Russia look set to maintain their current… Read More