Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and ...

Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...

OPEC Plus says it will go ahead with its plan to increase crude-oil supply. The decision by the oil-producing group of ...

Opec+ nations have reaffirmed their December decision to proceed with a gradual and flexible return of the 2.2 million bpd ...

Referring to Trump's request in January that OPEC increase output in order to lower oil prices, Tariq Zahir, managing member at Tyche Capital Advisors, told media the cartel and its allies "want to ...

At the same time, OPEC's policy on production increases remains flexible. "This gradual increase may be paused or reversed subject to market conditions. This flexibility will allow the group to ...

Iraq and seven OPEC+ member states convened virtually on Monday to assess the state of the global market and its prospects.

OPEC+, which includes OPEC members plus Russia and other allies, has been cutting output by 5.85 million barrels per day (bpd), equal to about 5.7% of global supply, agreed in a series of steps since ...

Oil prices are under pressure with ICE Brent settling more than 1.6% lower yesterday. This follows news that OPEC+ is ...