World News Story Opec To Boost Oil Production 50 Percent
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Despite a worldwide oil glut, OPEC+ will up production for third straight month
Members of the Organization of Petroleum Exporting Countries and their allies decided over the weekend to boost oil output by 137,000 barrels a day for the third straight month. They're increasing ... Read More
OPEC and Allies Agree to Boost Oil Production, Then Pause
The move caps a dramatic month in oil markets, riven by concerns of a supply glut and uncertainty over sanctions on Russian producers. Read More
OPEC Plus Signals Cautious Approach to Oil Production

Eight members of the oil cartel agreed on Sunday to a small increase but said they would now pause in adding more oil, reflecting market concerns about an oversupply. Read More
OPEC oil output rises by 30,000 bpd in October, survey finds
OPEC's oil output rose further in October after an OPEC+ agreement to raise production, a Reuters survey found on Tuesday, though the scale of the increase slowed sharply from September and the summer ... Read More
Oil settles lower as OPEC plans to increase oil output
Oil prices settled marginally lower on Monday as OPEC's plans to increase oil output once again outweighed hopes of a trade deal framework between the U.S. and China and renewed U.S. sanctions on ... Read More
NEED TO FILL UP? What OPEC's announcement means for gas prices down the road

GRAND RAPIDS, Mich. — It’s Tuesday, and we're discussing gas prices. A significant announcement came down from OPEC over the weekend: the organization has decided to increase oil production once again ... Read More
Abu Dhabi hosts oil summit as OPEC+ halts production hikes planned for 2026

Abu Dhabi hosts a major oil summit Monday, just after the OPEC+ group of the cartel and its allies announced they would halt planned production increases for early 2026 ... Read More
OPEC points to smaller 2026 oil supply deficit as OPEC+ pumps more

LONDON, Oct 13 (Reuters) - World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC report showed on Monday, marking a change from last ... Read More
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