OPEC is going for volume again. Delegates from the alliance confirmed they’ve agreed in principle to increase production next month. The plan is to add about 137,000 barrels per day, starting in ...

OPEC increased its global oil demand growth estimate for 2026 to 1.38 million barrels per day, citing stronger economic performance in key regions. The cartel also revised down its forecast for ...

LONDON, Aug 12 (Reuters) - OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the United States and other producers outside the ...

LONDON, Aug 8 (Reuters) - OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, although the hike was limited by Iraq making additional ...

OPEC raised its expectations Tuesday for global oil demand growth next year while also lowering the supply growth forecast for producers outside the wider OPEC+ group, signaling a tighter oil outlook, ...

OPEC continued to project a substantial supply deficit in global oil markets this year and next even as the group revives production, a view that clashes with the wider industry. The Organization of ...

OPEC bolstered crude production last month as the group and its allies continued to revive halted supplies, according to a Bloomberg survey. The Organization of the Petroleum Exporting Countries ...