THE Organization of the Petroleum Exporting Countries (Opec) and its allies, collectively known as Opec+, recently announced that they will increase oil output ...

The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.

Oil prices jumped by about 3% on Monday after producer group OPEC+ kept output increases in July at the same level as the ...

Oil prices jumped by about 3% on Monday after producer group OPEC+ kept output increases in July at the same level as the ...

Stock markets and the dollar recoiled Monday after President Donald Trump announced he would double US tariffs on global ...

OPEC+ is expected to fully reverse its 2022 production cuts by October, but oil prices continue rising amid geopolitical ...

ASTANA – Kazakhstan, along with seven other OPEC+ countries – Algeria, Iraq, Kuwait, Oman, Russia, Saudi Arabia, and the ...