By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler MOSCOW/LONDON, Feb 1 (Reuters) - OPEC+ agreed to keep its oil output ...

Eight major participants, spearheaded by Saudi Arabia and Russia, reconfirmed the suspension — initially established in ...

Carole Nakhle, CEO of Crystol Energy, weighs in on the steep plunge in oil prices on Monday, and how a de-escalation in US-Iran, potential supply from Venezuela, and the OPEC producer block's decision ...

Four OPEC+ producers have submitted updated compensation plans to offset past overproduction, with Kazakhstan facing by far ...

The International Energy Agency expects global oil markets to tip into oversupply as demand growth slows and output continues to rise in non-OPEC producers such as the United States, Brazil, Canada ...

OPEC announced on Monday that it has received a revised compensation plan from Iraq to address its previous excess production.

Crude oil prices across Organization of the Petroleum Exporting Countries (OPEC)-linked grades declined in December 2025 as global market conditions tilted decisively ...

Equatorial Guinea, OPEC's smallest producer, is seeking $300 million in prepaid deals from commodity traders for future crude and LNG deliveries to finance its struggling oil and gas sector.

Opec had pointed to tighter market in 2026 Demand unchanged for 2025 and 2026 IEA has predicted large 2026 surplus Oil prices edged lower on Thursday morning, extending losses from the previous ...

KUWAIT (Reuters) -OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after the United States imposed new sanctions on Russian oil ...

A former president of Opec enjoyed a “life of luxury” in the UK including chauffeur-driven cars and a personal shopper at Harrods thanks to bribes she received from oil tycoons while she was a ...

OPEC+ agreed to keep its oil output unchanged for March at a meeting, the producer group said on Sunday, even after crude ...