Still, the EIA said it expects OPEC+ to keep production below the group's current target path. It forecast supply from the ...

Kazakhstan is considering its options for complying with the country’s OPEC+ obligations to cut production, after Saudi ...

Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook ...

When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs ...

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Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...

Saudi Arabia Warns OPEC+ Members Over Production Compliance Saudi Arabia, the de facto leader of OPEC+, has issued a stern ...

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...

Oil prices rallied on Tuesday, recovering most of the losses that came from the OPEC+ decisions to unwind its production cuts ...

Crude prices fell sharply on Monday, the first trading day after the wider Opec+ producer group announced it would unwind ...

Brent crude futures and U.S. West Texas Intermediate crude had settled at their lowest since February 2021 on Monday, driven ...

OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy. With prospects of further large supply increases in the months ahead, we revised ...