The production increases come after OPEC+ voluntarily cut output totaling 2.2 million barrels a day starting in January 2024 to support stability and balance in the oil market. It began phasing out ...

The crude oil market devotes considerable energy to what OPEC+ says, but perhaps a little less to what it actually does when ...

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 ...

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

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

Most stock markets in the Gulf ended lower on Sunday as U.S. President Donald Trump's comments accusing China of breaking a ...

The super-sized output push drives prices below US$60 a barrel to punish quota cheats and reclaim global market share.

SLB offers strong value with low P/E, solid cash flow, and a 3.4% yield, despite Q1 softness and $44.65B market cap. See why ...

Saudi Arabia’s Defence Minister Prince Khalid bin Salman made a secret trip to Iran with a strong message from King Salman ...