The decision by the group led by Saudi Arabia and Russia comes after it agreed in October to cut output by 2 million barrels ...

Oil prices have fallen to a yearly low, despite a recent production cut supported by Saudi Arabia and Russia. The price of ...

The Organization of Petroleum Exporting Countries slashed output by about 1 million barrels a day, according to a Bloomberg ...

OPEC said on Sunday it would stick to the oil production target the group set in October — to slash output by 2 million ...

OPEC oil output has fallen in November, led by top exporter Saudi Arabia and other Gulf members, after the wider OPEC+ alliance pledged steep output cuts to support the market amid a worsening ...

OPEC and non-OPEC producers will convene in Vienna, Austria on Dec. 4 to decide on the next phase of production policy.

Major oil producers are expected to stick to their current output strategy or even slash production further when they meet on ...

OPEC+ is likely to keep oil output policy unchanged at a meeting on Sunday, five OPEC+ sources said, although two sources ...

The Saudi-led OPEC oil cartel and allied producers including Russia did not change their targets for shipping oil to the global economy amid uncertainty about the impact of new Western sanctions ...

The decision at a meeting of oil ministers Sunday comes a day ahead of the planned start of two measures aimed at hitting ...