World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

Saudi effectively accounted for all of the increase, as it boosted exports by 631,000 bpd over the March-June period while ...

OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...

BofA said, however, Brent oil price could rebound above $70/bbl by the summer of 2026 due to a combination of easier global monetary policy, a weaker dollar, more disciplined OPEC+ production and ...

Crude oil futures plunged over 5% this week as bearish fundamentals—including rising OPEC+ output, weak exports, and fading ...

President Trump may have a way to go after Russian and Iranian oil exports as a result of OPEC+'s recent decision.

"The price forecast is driven largely by more oil inventory builds following OPEC+ members' decision to accelerate the pace of production increases," the EIA said. It predicts global inventory builds ...

Oil futures fell for a third consecutive session after OPEC+ said it will lift output by another 547,000 barrels a day in September.

On Sunday Aug. 3rd, OPEC+ announced an increase in oil production by 547,000 b/d effective September 2025, marking a ...

The OPEC+ group of oil producing countries will increase its output further from September, reversing fully the latest production cuts it has used to tighten oil supply during the past two years.