Producer group likely to watch US president-elect’s plans to impose sanctions against Iran and Venezuela, say analysts ...

The OPEC oil cartel and its allies are expected Thursday to extend their supply cuts to avoid a sharp drop in prices in a ...

Oil prices fell 1% on Friday and were headed for a weekly loss as analysts projected a supply surplus next year despite an ...

Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...

The OPEC+ group extends production cuts until 2026, with gradual increases and extended compensation period. Analysts view this as cautious market management.

The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other ...

The oil market is still expected to be abundantly supplied next year even after OPEC+ extended steep production cuts till the ...

OPEC on Thursday extended the voluntary crude oil production cuts of 2.2 million barrels per day till the end of March due to ...

Major oil producing group OPEC Plus says it will delay an additional output increase that was planned for next ... Eight ...

By Alex Lawler, Olesya Astakhova and Maha El Dahan LONDON/MOSCOW/DUBAI (Reuters) - OPEC+ has agreed to delay plans to raise ...

Nigeria remains steadfast in supporting these efforts while pursuing our national objectives within the global energy ...

OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...