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 ...

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.

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

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

Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in below expectations. Click to read.

Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on regaining lost market share, according to people familiar with the matter.

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