OPEC+ curtailed production for several years to support the market. It reversed course this year to regain market share.

OPEC agreed on another bumper oil production increase for September, completing its current tranche of supply revival one year early as the group moves to reclaim its share of global crude markets.

Crude oil outlook hinges on Russian sanctions and OPEC+ output decisions as traders brace for fresh supply signals and macro risks next week.

OPEC agrees to increase 548,000 b/d in Sept with delegates Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and ...

A key difference in crude oil demand forecasts between this year and 2024 is that both OPEC and the International Energy ...

OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...

The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change to the supply and demand outlook in its monthly market report.

Oil prices $2 a barrel on Friday because of jitters about a possible increase in production by OPEC and its allies, while a ...