As crude prices steadily climb to US$ 100 a barrel, Middle Eastern OPEC producers have no plans to increase production beyond their OPEC+ quotas, a gathering of ministers this weekend has made clear.
Oil prices steadied on Tuesday after sliding in the previous session, as markets weighed Middle East tensions against demand worries and rising OPEC supply. Brent crude futures rose 17 cents ...
or OPEC. The intergovernmental organization — which has since expanded to 13 members across the Middle East, Africa and South America — aims to coordinate its members' policies to influence ...