Russia's top oil official said on Thursday that OPEC+ oil producers should proceed with plans to increase output, noting ...

Russia’s chief oil official advocated for OPEC+ oil producers to move forward with their scheduled output increase, citing an ...

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...

Saudi Energy Minister Prince Abdulaziz bin Salman said OPEC+ has become a key guarantor of oil prices and the sector as a ...

ST. PETERSBURG. June 19 (Interfax) - Oil market volatility benefits no one, and OPEC+ supports stable market development, demand growth and the security of supply, Russian Deputy Prime Minister ...

The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that ...

OPEC+’s latest increase of 411,000 barrels per day (bpd) for July, the third such hike in three consecutive months, suggests ...

The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.

HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...

For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...

Oil inventories have risen sharply across the world in recent weeks, a sign of the pressure that higher output from OPEC+ could place on the global crude market as the year progresses.

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...