The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.

OPEC oil output rose in May, a Reuters survey found, although the increase was limited as Iraq pumped below target to ...

Saudi Arabia will export about 47 million barrels of crude to China in July, marking a modest decline of one million barrels ...

The global oil market is keeping a close eye on the Organization of Petroleum Exporting Countries (OPEC), which is unwinding ...

The Organisation of the Petroleum Exporting Countries pumped 26.75 million barrels per day last month, up 150,000 bpd from ...

Dubai Saudi Arabia is advocating for accelerated increases in oil production within the OPEC+ coalition, aiming to recl ...

Downward pressure on oil prices may lead to relief at the pump this summer. A headline in the New York Times this weekend ...

China trade talks and reduced Saudi oil shipments to China. However, potential increased supply from Iran and OPEC+ raises ...

OPEC+ is set to meet online this Saturday at 0900 GMT to decide on July oil output levels, with discussions centered around a ...

Oil exporting group Opec+ has announced a further unwinding of production cuts, but the impact on tanker demand may be more ...

OPEC+ may propose a significant rise in oil production for July at its Saturday meeting, beyond the previous 411,000 barrels ...

Oil prices jumped more than 3% on Monday as OPEC+ agreed to raise production by the same amount in July as in the previous ...