OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group’s members. Sunday’s meeting of eight members of ...

The meeting by the key OPEC+ members -- called the V8 -- could result in another boost in oil production, analysts say The OPEC+ group comprises the 12-nation Organization of the Petroleum Exporting ...

LONDON/MOSCOW, Dec 2 (Reuters) - OPEC+ members will undergo an annual assessment of their oil production capacity starting next year for use in 2027, OPEC+ sources said, to ensure that the group sets ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

By Steve Holland and Jarrett Renshaw WASHINGTON, Jan 14 (Reuters) - President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of the ...

Monday - Friday: 12:00 - 13:00 SIN/HK | 0600 - 07:00 CET 8 OPEC members move to raise production by 547,000 per day, finalizing the reversal of a 2.2 million-barrel cut. Energy Aspects' Amrita Sen ...

Leading oil producing nations confirmed on Sunday that they would remain cautious on their outlook after the U.S.' raid in Venezuela, saying they wouldn't make any drastic changes to production levels ...

OPEC+ has decided to increase oil production, surprising many given the soft outlook for oil prices, and potentially reversing earlier production cuts sooner than expected. The article questions ...

The oil price decline since June is no doubt big and consequential. And U.S. shale is indeed a major new force on the energy scene. But there is nothing particularly unusual about how OPEC acted last ...

Eight key members of the OPEC+ alliance said Sunday they have agreed to again boost oil production, in a strategy analysts saw as a bid to gain a bigger market share of crude sales. Oil ministers in ...