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

OPEC agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted ...

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 ...