OPEC said on Sunday that Iraq will increase its oil production to 4.22 million barrels per day (bpd) in September.

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...

OPEC+ agrees to boost oil production by 547,000 barrels per day from September Eight OPEC+ countries meeting on Sunday agreed ...

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...

MOSCOW, August 3. /TASS/. The eight OPEC+ countries that voluntarily cut oil output have decided to increase production in September by 547,000 barrels per day, which is in line with the original plan ...

OPEC+ is set to approve a preliminary deal to raise oil production by 548,000 barrels per day (bpd) from September, according ...

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

LONDON (Reuters) -OPEC+ agreed in principle to boost oil output by 548,000 barrels per day in September, two OPEC+ sources ...

OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical factors and a slowdown in non-OPEC discoveries, despite earlier predictions ...

IEA revises 2025 global oil demand outlook to 1.05 million barrels per day, citing economic recovery and lower fuel prices. OPEC projects higher growth.

Crude oil futures fell 2% Monday after OPEC reduced its oil demand outlook for 2024 and 2025 once again, citing data received so far this year.

OPEC sees global oil demand growth this year at just over 2 million barrels per day. In its latest assessment, the IEA believes growth would be below 1 million bpd this year. The chasm between the ...