Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the ...

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to further hike oil production in a meeting ...

OPEC+ has reached a preliminary agreement to raise oil production by 548,000 barrels per day starting in September, according ...

OPEC+ has tentatively agreed to a significant oil production increase for September, aiming to reclaim global market share.

OPEC+ plans to raise oil output by 548,000 barrels/day in September, reversing 2023 cuts and signaling a major shift toward ...

The OPEC oil cartel led by Saudi Arabia and allied producers including Russia made another big swipe at propping up lagging crude prices Thursday, expanding some output cuts into next year and ...

OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its longer-term view, based on rising consumption in the developing world ...

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

OPEC on Monday cut its oil demand growth forecast for 2025 and 2026 as President Donald Trump's tariffs weigh on global economic growth. Stream NBC 5 for free, 24/7, wherever you are. The cartel ...

The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after boosting output, citing the impact of U.S. tariffs. OPEC now expects demand to rise by ...