The plan will represent monthly cuts of between 189,000 barrels per day and 435,000 bpd, according to a table on OPEC's web ...

Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...

(Reuters) - Oil prices rose in early Asian trading on Friday, and were set for their second consecutive weekly gains, after ...

Trump knows that Saudi Arabia is critical to lowering oil prices and pressuring Russia to come to the bargaining table.

OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

The scheduled cuts last until June 2026. Sign up here. OPEC+, which includes OPEC plus Russia and other allies, has been cutting output by 5.85 million bpd, equal to about 5.7% of global supply ...

Many more wells are no longer profitable when oil sells for $60 a barrel or less. OPEC Plus, the name used by the Organization of the Petroleum Exporting Countries and allies like Russia ...

The expected improvement is attributed to Kuwait’s gradual increase in its OPEC Plus share, scheduled to begin in April ...

Morning Brief Anchors Brad Smith and Madison Mills explain why in the video above. To watch more expert insights and analysis ...

OPEC Plus says it will go ahead with its plan to increase crude-oil supply. The decision by the oil-producing group of countries follows pressure from US President Trump on OPEC to bring down prices.