Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...

OPEC+ members, including Saudi Arabia and Russia, have agreed to increase oil production by 548,000 barrels per day starting ...

The moderation in prices comes after Trump issued formal notifications to several trading partners that significantly higher ...

Oil markets have largely ignored the overtly aggressive production policy of OPEC+, with geopolitical fears keeping Brent ...

A group of eight major oil producers – Saudi Arabia, Russia, the United Arab Emirates, Kuwait, Oman, Iraq, Kazakhstan and ...

The move follows a series of production boosts initiated in April 2025 and comes amidst pressures to meet global demand and ...

On Saturday, the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+, agreed to raise ...

Oil prices edged downward in early trading across Asia on Tuesday, as investors absorbed growing geopolitical tensions triggered by new U.S. trade tariffs alongside concerns about rising global oil ...

Trump's tariffs have prompted uncertainty across the market and concerns they could have a negative effect on the global ...

TEHRAN - Iran has become the second-largest oil refiner among OPEC member states, with a daily refining capacity of 2.237 million barrels — accounting for 16 percent of OPEC’s total and 2.1 percent of ...