The projected surplus has narrowed due to lower OPEC+ production, but a large supply overhang continues to cloud the outlook, ...

OPEC+'s decision to hold production steady signals a structural shift in the oil market where non-OPEC+ supply growth is ...

OPEC+ will stick with plans to pause production increases during the first quarter, delegates said, amid growing signs of a ...

By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova LONDON/MOSCOW, Nov 30 (Reuters) - OPEC+ agreed to leave oil output levels ...

Oil and natural gas retreat as growing supply forecasts, weak momentum signals, and bearish technical patterns raise downside ...

Russia’s crude oil output last month was well below its OPEC+ quota, as the country struggled to find buyers for its ...

The oil producers’ group maintained plans to keep output levels unchanged at its latest meeting, as market fears over a ...

By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW, Dec 2 (Reuters) - OPEC+ members will undergo an annual ...

ASHGABAT. Dec 12 (Interfax) - Russia has been gradually boosting oil production as part of the increase in the OPEC+ quota, though the process is complex, Deputy Prime Minister Alexander Novak told ...

Market oversupply fears are rising despite OPEC's insistence that the 2026 market will be balanced.

These eight countries, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman, are scheduled to hold their next meeting in January 2025, and the ministers of all OPEC+ members ...

The major crude-oil producers known as OPEC+ are expected to agree to another monthly hike in oil-output quotas at a meeting this week — despite expectations for a global supply surplus this year and ...