News

OPEC+ is inching toward a pivotal decision this weekend: whether to greenlight another 548,000 bpd in production hikes for ...
Exxon Mobil's second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ramped up production.
OPEC+, which pumps about half of the world's oil, has been curtailing production for several years to support the market ...
Exxon Mobil’s second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ...
The OPEC+ member states voluntarily introduced production cutbacks of 2.2 million bpd in 2023. In late 2024, they made the decision to increase the reference production level for the UAE by 300,000 ...
An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday's separate ...
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.
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Read more ...
OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at ...