The Organization of the Petroleum Exporting Countries and its allies will further push back an oil-production increase planned for January by three months amid softer prices and market concerns of ...

LONDON/MOSCOW (Reuters) - OPEC+ will delay its plan to raise oil output, currently set to start in January, when it meets online later on Thursday, an OPEC+ source told Reuters, to provide ...

OPEC+ is expected to further delay its planned output hike by at least three months, providing support to oil prices, according to Commerzbank Research analysts. The cartel and its allies ...

MODELS of oil barrels and a pump jack are displayed in this illustration photo taken on Feb. 24, 2022. — REUTERS OPEC+ is discussing postponing its oil output hike due to start in January for the ...

Top oil exporter Saudi Arabia cut prices for all crude grades it sells to Asian customers after the Organization of the Petroleum Exporting Countries and its allies further delayed a planned ...

Speaking to CNBC's Dan Murphy on Friday, Saudi Energy Minister Abdulaziz bin Salman said OPEC+ had to undertake a "reality check" and reconcile supply-demand signals with market sentiment.

OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab Emirates due to field maintenance and from Iran offset a hike from Nigeria ...

(Bloomberg) -- Kazakhstan is sticking to its plan to raise oil output next year, potentially creating further tension with its OPEC+ partners. “I order the Energy Ministry to intensify efforts ...

LONDON/MOSCOW (Reuters) - OPEC+ has agreed to delay its plan to raise oil output until April 2025, an OPEC+ source told Reuters while its meeting was underway, to provide additional support for ...

(Bloomberg) — Kazakhstan is sticking to its plan to raise oil output next year, potentially creating further tension with its OPEC+ partners. “I order the Energy Ministry to intensify efforts to ...