OPEC+'s decision to hold production steady signals a structural shift in the oil market where non-OPEC+ supply growth is ...

OPEC+ will stick with plans to pause production increases during the first quarter, delegates said, amid growing signs of a surplus in global oil markets.

The projected surplus has narrowed due to lower OPEC+ production, but a large supply overhang continues to cloud the outlook, ...

World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with ...

By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW, Dec 2 (Reuters) - OPEC+ members will undergo an annual ...

The oil producers’ group maintained plans to keep output levels unchanged at its latest meeting, as market fears over a ...

Russia’s crude oil output last month was well below its OPEC+ quota, as the country struggled to find buyers for its ...

Oil and natural gas retreat as growing supply forecasts, weak momentum signals, and bearish technical patterns raise downside ...

OPEC and its allies agreed on Sunday to keep oil output levels unchanged through the end of 2026, reaffirming their production control framework amid mounting concerns over a looming supply glut and ...

OPEC+ is meeting this coming weekend to discuss the next steps in its production control plan. Early reports suggest the group will stick to a pause in the rollback of its cuts. Yet commentators say ...

The recent OPEC+ meeting led to a pivotal decision, introducing a mechanism to assess members' maximum production capacity for setting future output baselines. This evaluation will occur between ...

Changes OPEC+ is making to its oil production quota system will likely spark a wave of upstream investments among members, ...