News

OPEC oil output rises in June on Saudi and UAE hikes, Reuters survey finds
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...
Saudi, Russia among eight OPEC+ members seeking oil output hike at meeting
LONDON: Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with ...
Agence France-Presse on MSN14h
Saudi Arabia, Russia and six other key members of the OPEC+ alliance on Saturday said they would further increase oil output in August.
They decided to hike production to 548,000 barrels per day, a statement following a meeting in Vienna said. Analysts had expected the alliance to decide on another output increase of 411,000 barrels ...
OilPrice.com9h
OPEC+ Surprises With Oversized Output Hike
At a virtual meeting Saturday, eight core members led by Saudi Arabia agreed to add 548,000 barrels per day (bpd) to global supply—exceeding earlier expectations of a 411,000 bpd hike.
Saudi Arabia raised crude exports in June, Kpler data shows
Saudi Arabia's oil exports jumped to the highest level in more than a year in June as the kingdom shipped more crude to ...
Oil market watch: Saudi, Russia-led OPEC+ eyes fresh hike for August; focus to likely shift from price stability to market share
OPEC+ members, including Saudi Arabia and Russia, are expected to agree on a 411,000 barrels per day production increase for ...
OilPrice.com1d
OPEC Nudges Output Higher - But Markets Are Awaiting the Real Barrels
OPEC’s June oil production rose by 270,000 bpd, but weak compliance and inconsistent enforcement raise doubts about whether ...
OPEC+ Moves Meeting to Saturday as Group Weighs Another Hike
Key OPEC+ members brought forward to Saturday an online meeting where they’re set to consider a fourth bumper oil production ...