The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...

OPEC+, the influential alliance of oil-producing nations led by Saudi Arabia and Russia, has confirmed plans to increase oil ...

Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...

US President Donald Trump's tariffs, his call to "drill baby drill" and especially a decision by OPEC+ to hike crude output ...

Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July. They ...

A core group of OPEC+ oil cartel members will continue their expansion of production volumes in the summer, they announced ...

OPEC+ announced Saturday it will increase oil production by 411,000 barrels per day in July, marking the third consecutive ...

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

OPEC+ may discuss an increase in oil output for July at its meeting on Saturday larger than the 411,000 barrels per day (bpd) ...

Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, drew a striking historical parallel during a virtual OPEC+ meeting, referencing the 1973 oil embargo as the group ratified its second ...

Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms ...

Saudi Arabia and its partners have discussed another large output hike, even as prices slide and demand wavers.