The Opec+ is likely to keep its pause on oil output increases for March when it meets tomorrow, five delegates told Reuters, ...

Bringing Venezuela’s output under U.S. control has the potential to disrupt the power balance in the world market.

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 ...

Nigeria has been defaulting on crude oil cut agreements. On Thursday, April 9, 2020 OPEC and its allies (referred to as OPEC+) agreed to cut global crude oil output by a record 10 million barrels per ...

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 ...

OPEC+ nations gathering this weekend are once again grappling with the thorny question of how much oil they're physically able to pump. OPEC+ nations gathering this weekend are once again grappling ...

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 ...

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 ...

LONDON, Sept 30 (Reuters) - OPEC oil output has risen for a third month in September, a Reuters survey found, as a restart of some Libyan installations and higher Iranian exports offset strong ...