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Oil Prices Rise After Producers Announce New Increase in Output
In a show of confidence in the market, the group, led by Saudi Arabia, said it would begin unwinding a further set of agreed cuts. Read More
OPEC+ agrees to increase oil production by 137,000 barrels
Eight member states of OPEC+ agreed Sunday to increase oil production by nearly 137,000 barrels per day starting next month, marking the seventh consecutive month of output hikes. Read More
OPEC+ agrees further oil output boost from October to regain market share
OPEC+ has agreed to further raise oil production from October as its leader Saudi Arabia pushes to regain market share, while slowing the pace of increases compared with previous months due to an ... Read More
Key OPEC+ members boost oil production
Uncertainty loomed over what Saudi Arabia, Russia and six other key members of the OPEC+ alliance would decide on crude output in their meeting on Sunday, with analysts saying a ... Read More
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