OPEC+ curtailed production for several years to support the market. It reversed course this year to regain market share.

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

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

Members of the Organization of Petroleum Exporting Countries (OPEC+) on Sunday announced plans to increase oil production by over half a million barrels per day for September as concerns over supply ...

OPEC+ has fast-tracked its oil supply reintroduction, adding 2. 2 million barrels per day between April and September 2025 — ...

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

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 ...

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than expected, raising concerns about a potential oversupply.

Oil prices slipped in early Asian trade on Monday after OPEC+ agreed to another large production hike in September. Brent ...

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

Oil futures are under pressure after OPEC+ — made up of the Organization of the Petroleum Exporting Countries and its allies — agreed over the weekend to raise production by another 547,000 barrels a ...

Saudi Arabia, Russia and six key members of the OPEC+ alliance said Sunday they will increase production by 547,000 barrels a ...