Producers' group reacts as the Middle East crisis threatens to fan a geopolitical risk driven oil price spike in a market ...

ALMATY – Eight OPEC+ countries, Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, ...

By Olesya Astakhova, Alex Lawler and Ahmad Ghaddar LONDON/MOSCOW, March 1 (Reuters) - OPEC+ agreed a modest oil output boost ...

OPEC+ has a history of raising oil output to cushion disruptions, but analysts said the group currently has little spare capacity to add to supply.

The oil production adjustments come at a time of heightened geopolitical uncertainty, with tensions in the Middle East ...

Key members led by Saudi Arabia and Russia — which had paused a series of hikes during the first quarter — will add 206,000 ...

THE Organisation of the Petroleum Exporting Countries and its allies (Opec+) decision to lift crude oil output by 206,000 ...

OPEC+ countries agreed to maintain group-wide oil output quotas for 2026 in a meeting on Sunday, and also agreed on a mechanism to assess members' maximum oil production capacity, OPEC said in a ...

The alliance faces a familiar dilemma: add barrels to the market or continue holding back against a fragile geopolitical ...

OPEC+ may consider a larger-than-planned output increase of 411,000 barrels per day at a meeting on Sunday, two sources close to the talks said, after Saudi Arabia and the UAE raised exports in ...

RIYADH — The OPEC+ countries have agreed to keep their oil production levels unchanged for March. The eight countries—Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and ...