OPEC's oil output increase in May was less than planned, as some members compensated for previous overproduction, according ...

OPEC’s crude oil production rose by 180,000 barrels per day (bpd) to 27 million bpd in May, with producers part of the OPEC+ ...

Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and ...

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

The abrupt change in calculus for oil investors this week comes after months in which output increases from OPEC and its ...

After holding back supply for almost three years to push prices higher, the output curbs are no longer having as much impact, ...

Any disruption in Iran's oil production may impact global prices as Saudi Arabia and UAE are the only Opec+ members that can ...

OPEC oil output rose in May by less than the volume planned, a Reuters survey found, as Iraq made further cuts to compensate ...

Crude prices have jumped by around 12% in the past week, amid the Israel-Iran conflict and heightened fears of a broader ...

Israel’s strikes on Iran on Friday have raised the prospect of global oil prices hitting $100 a barrel. If Tehran seeks to ...