LONDON, June 2 (Reuters) - Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil output increases while Moscow argued for a ...

LONDON/DUBAI, May 3 (Reuters) - OPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels per day, the group said on Saturday ...

OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst monthly performance in years. Now the group of oil producers might add even ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks to ...

Until recently, the Saudis had kept output at what was for them an uncomfortably low level to bolster oil prices, even though other members of OPEC Plus had exceeded their cap. Saudi Arabia will ...

The latest OPEC+ decision to increase output is putting pressure on US crude production, leading Kpler to believe that US output will peak in 2025. U.S. crude oil supply will rise more slowly than ...