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

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

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

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

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

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

OPEC and its allies agreed on Sunday to keep oil output levels unchanged through the end of 2026, reaffirming their production control framework amid mounting concerns over a looming supply glut and ...

By Alex Lawler, Ahmad Ghaddar and Olesya Astakhova 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+ is meeting this coming weekend to discuss the next steps in its production control plan. Early reports suggest the group will stick to a pause in the rollback of its cuts. Yet commentators say ...

OPEC+ pauses oil output hikes as glut looms; Mind Money’s Igor Isaev sees Brent at $60-70 in 2026, cold EU winter tamed by ...

Changes OPEC+ is making to its oil production quota system will likely spark a wave of upstream investments among members, ...

The Organization of the Petroleum Exporting Countries and its partners launched the latest audit in May, in an effort to align output quotas more closely ...