OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, although the increase was limited as Iraq pumped below target to compensate for ...

OPEC’s June oil production rose by 270,000 bpd, but weak compliance and inconsistent enforcement raise doubts about whether ...

OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain ...

OPEC+ is considering accelerating its oil production revival even more rapidly than expected during a virtual meeting on ...

Saudi Arabia's oil exports jumped to the highest level in more than a year in June as the kingdom shipped more crude to ...

Saudi Arabia’s oil exports soared in June as the kingdom tries to claw back market share from other members of the energy ...

Oil producer group OPEC has been plunged into crisis, with bitter infighting between Saudi Arabia and the United Arab Emirates raising questions about the future of the energy alliance.

Saudi Arabia’s decision to support an oil output cut by OPEC and its allies on Wednesday marked another step of distancing from the United States.

Saudi Arabia's Minister of Energy Abdulaziz bin Salman looks on during a press conference after the 45th Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting ...

Last month, following a collapse in the price of Brent crude to a four-year low, Saudi Arabia and its OPEC-plus partners announced their second consecutive monthly supply hike.Doubtless this will ...

American rage followed the Oct. 5 decision by OPEC Plus — 23 oil producers led by Saudi Arabia, which includes Russia — to cut oil production quotas by two million barrels per day starting in ...