Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices.

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

Oil demand forecasts diverge as OPEC boosts supply, IEA turns bearish, and EIA warns of surpluses. Explore the full crude oil ...

Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has raised production ceilings—137,000 bpd in April, 411,000 bpd in May and June, ...

Oil steadied as traders weighed a large increase in US crude stockpiles and a wave of new tariff rates from President Donald ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

Bob McNally, Rapidan Energy Group founder and president, discusses OPEC+'s recent decision to increase oil production for the ...

Global oil prices are expected to remain low this week following the decision of Opec and its allies to increase production, says Thai Oil Plc (TOP), the country's largest refiner by capacity.With the ...

Oil prices fell after OPEC+ countries unexpectedly announced a more significant increase in oil production in August than ...

March’s production increased by 869 kb/d to 45,459 kb/d for these eleven Non-OPEC countries, while as a whole, the Non-OPEC countries saw a yearly production increase of 674 kb/d to 54,188 kb/d.