The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.

Crude oil futures started the week higher as the market weighs doubts about how much extra oil OPEC+ countries have placed on ...

The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that ...

HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...

OPEC+’s latest increase of 411,000 barrels per day (bpd) for July, the third such hike in three consecutive months, suggests ...

After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...

The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...

Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...

For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...

OPEC+ agreed to surge oil output for the third month in a row despite reservations from key member Russia, doubling down on a ...

Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...