IEA, OPEC, and EIA all revised 2025 growth down by 150,000–400,000 bpd amid worsening trade and economic outlooks.

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

OPEC+ has agreed to accelerate the pace of oil production growth for the second month in a row. In June, production will ...

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

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

Saudi Arabia, along with Russia and six other members of the oil cartel, will implement a production adjustment of 411,000 ...

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

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

The prospect of higher supply from OPEC and allies in the coming months will likely spell doom for oil prices.

OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst ...

Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud ...

Oil prices finished lower on Friday, failing to find support from a rally in the U.S. stock market, as [various news reports said]( ...