News

Oil Traders See OPEC+ Completing Supply Revival With New Surge
Oil traders expect OPEC+ will agree another bumper production increase this weekend, completing the revival of its current ...
OPEC+ Committee Makes No Policy Recommendation Ahead of August Meeting
An OPEC+ ministerial committee made no recommendations for the group to change its oil-output policy as key members prepare to discuss September production levels later this week.
OPEC+ panel stresses need for full compliance with output limits
An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday's separate ...
Asharq Al-Awsat on MSN2h
Saudi, Russian Energy Ministers Discuss Oil Market Developments
Riyadh: Saudi Energy Minister Prince Abdulaziz bin Salman and Russian Deputy Prime Minister Alexander Novak held a meeting in Riyadh to discuss recent developments in the global oil market and ongoing ...
Iraqi News2d
OPEC+ urges Iraq to submit plan to compensate for surplus oil output
OPEC+ urged Iraq to submit an updated plan to compensate for excess oil production above its quota under the production ...
OPEC+ Agrees on Larger-Than-Expected Supply Hike Again
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...
OilPrice.com3d
Oil Prices Up 2.5% As OPEC+ Agrees To Maintain Production Levels
OPEC+ reaffirms its oil output plans despite patchy compliance from some members, urging full conformity with agreed ...
Permian Basin fracking falling faster than expected, ProPetro CEO says
Fracking in the Permian Basin is declining faster than expected due to tariff uncertainty and OPEC+ production hikes, ...
Oil News: Bullish Oil Outlook on U.S.-EU Deal, OPEC+ Supply Discipline, and China Talks
Oil prices rise as U.S.-EU trade deal boosts sentiment, OPEC+ stays course, and Saudi hikes OSPs, reinforcing a bullish crude ...
OPEC+ panel likely to keep oil policy steady on Monday, sources say
An OPEC+ panel is unlikely to alter existing plans to raise oil output when it meets on Monday, four OPEC+ delegates said, ...