Even modest shifts in OPEC output can influence global prices, supply expectations and economic planning.

OPEC members on Sunday agreed to a modest boost in oil output as the war in Iran continues to push global crude oil and gas ...

The group of influential oil exporters also said it was increasing its production quotas, a largely symbolic move.

The OPEC plans to expand oil production quotas by 206,000 barrels daily for May. This marginal increase will primarily exist ...

OPEC oil output ‌plunged in March to its lowest level since the height of the COVID-19 pandemic in June 2020, a Reuters ...

The rise is largely symbolic as some key members are unable to raise production amid the US-Israel war on Iran.

As the global oil crisis widens and tensions across the Middle East and US-Iran escalate, OPEC has agreed to increase oil ...

Eight countries forming the core of the OPEC+ group of oil producers on Sunday voiced concern over Iran's attacks on energy ...

Global oil markets face severe volatility as OPEC pledges production increases only when the Strait of Hormuz is safe. The ...

At its last ‌meeting on March 1, OPEC+ agreed to a modest output boost of 206,000 barrels per day for April, after holding ...

Oil jumps 36% in March as Hormuz disruptions reprice risk. Will WTI Crude surge to $110, or will strategic inventory releases ...

As the war in West Asia continues to escalate, Iranian drones have struck Kuwait’s oil infrastructure, ahead of Opec + supply ...