The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S.

WTI crude oil continues to drop below the long-term support zone, while natural gas has hit strong resistance at $4.90.

Qatar has reduced the price of its al-Shaheen crude for May deliveries, following Saudi Arabia's lead, due to a well-supplied oil market and increased OPEC+ production.

The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) have decided to proceed with a planned oil ...

Oil prices rebounded on Friday after Russia’s deputy prime minister suggested oil cartel Opec+ could reverse a plan to ...

Kazakhstan is engaging in discussions with major oil companies to reduce its production and align with OPEC+ agreements, aiming to compensate for significant overproduction.

"This gradual increase may be paused or reversed subject to market conditions," OPEC said in a statement. "This flexibility will allow the group to continue to support oil market stability." ...

with market watchers now wondering whether the group will consider pausing its plans or cutting output again later this year in order to sustain prices. In February, overall OPEC crude-oil ...

OPEC also kept its estimates ... traded around $67 a barrel. Oil prices are supported by a weaker U.S. dollar and the Energy Information Administration cutting its forecast for a global oversupply ...