Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the ...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Read more ...

Oil prices fell more than $2 a barrel on Friday morning on jitters about a possible increase in production by OPEC and its ...

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.

Oil traders expect OPEC+ will agree another bumper production increase this weekend, completing the revival of its current ...

OPEC+, which pumps about half of the world's oil, has been curtailing production for several years to support the market ...

An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday's separate ...

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+ 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.

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...