Seven leading OPEC+ oil-producing countries ‌will likely agree to a modest hike to July output when they meet on June 7, four ...

LONDON, April 28 (Reuters) - The United Arab Emirates, one of OPEC+'s largest producers, will leave the oil producers' alliance on May 1, it said on Tuesday. The Organization of the Petroleum ...

LONDON (Reuters) -OPEC+ has delivered about three quarters of the extra oil output it targeted since the group started production hikes in April, and the level may fall closer to half later in the ...

Learn more about the implications of the UAE's exit from OPEC+, its impact on global oil production, and the alliance's key members.

Concerns around production were amplified further last week with news of the UAE's shock departure.

UAE departs OPEC and OPEC+ citing strategic priorities and flexibility as geopolitical tensions disrupt global oil markets and supply chains.

Key OPEC+ members aim to continue a series of oil quota increases over the next few months, completing the return of a layer ...

Seven countries in the OPEC+ grouping of oil-producing countries — including Saudi Arabia and Russia — say they’ve decided to a modest increase in production starting in June as part of a commitment ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Oil prices dipped by 2% as the market anticipates the OPEC+ meeting this ...

Oil prices slipped in early Asian trade on Monday after OPEC+ agreed to another large production hike in September. Brent crude futures fell 43 cents, or 0.62%, to $69.24 a barrel by 2218 GMT while ...