Key OPEC+ nations added less oil to the market last month than the headline figure of its output plan, as the cartel’s leadership pushed members to atone for earlier over-production. The eight members ...

Many groups, including the International Energy Agency, predict that the world’s peak oil production is close, and global oil demand will drop starting in the next decade as more renewables come ...

OPEC has slammed the brake on speculation, flatly rejecting media reports that the G8 is preparing to hike crude oil production by half a million barrels per day. In a statement from Vienna on Tuesday ...

LONDON (Reuters) -OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed U.S. attempts to curb the ...

LONDON, June 9 (Reuters) - OPEC oil output rose in May, a Reuters survey found, although the increase was limited as Iraq pumped below target to compensate for earlier overproduction and Saudi Arabia ...

LONDON, May 29 - Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to pay off, but Saudi Arabia will need to exert a lot more ...

President Trump’s push to cut Iran’s oil exports to zero has fueled bullish sentiment in oil markets. Despite Trump’s calls for increased oil supply, OPEC has not signaled any intention to boost ...

In Oliva Gibbs' latest webinar, we sat down with Josh Young, Founder of Bison Interests, who is well-known for providing sharp insights into the factors influencing oil and gas markets. With a ...

The group led by Saudi Arabia and Russia will add 411,000 barrels a day to the market next month, according to a statement posted on the OPEC website. Image by William_Potter via iStock OPEC+ agreed ...

OPEC deal should not be dismissed, as it contains several real achievements. Iraq and Russia agreed to real cuts, and the size of the deal is at the high end of projections. US Shale was already ...

LONDON/MOSCOW (Reuters) -OPEC+ will consider further raising oil production at a meeting on Sunday, two sources familiar with the discussions said, as the group seeks to regain market share. OPEC+ has ...