KUWAIT (Reuters) -OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after the United States imposed new sanctions on Russian oil ...

The OPEC+ group is expected to maintain its oil production policy unchanged this weekend and affirm a pause in output hikes ...

A group of some of the world's most powerful oil producers on Wednesday agreed to impose deep output cuts, seeking to spur a recovery in crude prices despite calls from the U.S. to pump more to help ...

'We ... expect OPEC to implement cuts to avoid a large increase in inventories in Q1-26', SEB Chief Commodities Analyst Bjarne Schieldrop said. Image by William ...

Four key Opec+ producers have pledged to deepen their compensation cuts in the first half of 2026 as the organization looks to improve compliance amid oversupplied oil markets. The UAE, Iraq, ...

Rising oil output from the Americas and potential U.S. control over Venezuela's reserves threaten to weaken OPEC's influence on global oil supply and pricing.

Oil producers inside and outside the Organization of the Petroleum Exporting Countries are quietly shifting from restraint to expansion, lifting output even as demand signals look uneven. The result ...

OPEC data indicate that Nigeria last met its production quota in July 2025, with output remaining below target from August through December. Quarterly figures reveal a consistent decline across 2025; ...