OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, ...

Goldman Sachs on Monday said it expects non-OPEC+ output growth to slow by about 0.3 million barrels per day (mb/d) over a 12 ...

After the change in administration in the US, OPEC+ is losing its ability to control oil prices due to weak global demand and ...

Compensation cuts from OPEC+ members exceeding oil output quotas aren’t expected to outweigh the group’s planned production increase, according to BNP Paribas.

The Trump administration is trying to reduce oil exports from Iran and Venezuela, which will tend to reduce OPEC+ crude ...

U.S. sanctions on Venezuela and Iran tighten crude oil supply, while strong U.S. demand and falling inventories support a ...

OPEC+ has been cutting output by 5.85 million barrels per day, equal to about 5.7% of global supply, agreed in a series of ...

Oil steadies near $69 as OPEC+ plans May output hike and U.S. tariffs tighten Venezuelan and Iranian crude supply. NG remains ...

According to the Reuters report, OPEC+ plans to increase output by a further 135,000 barrels per day in May. This would be ...

Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep ...

EIA's delayed surplus forecast and uncertain oil market fundamentals point to potential price rally. Click to read why oil ...

THE possibility of a Russia-Ukraine ceasefire, the move by OPEC+ to boost output, and the threat of tariffs on key economies ...