Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...

OPEC has excluded five of the world’s leading news organizations from covering its biennial oil seminar in Vienna, attended ...

Markets are thirsty for oil because they are absorbing Opec+ production increases without building inventories, United Arab ...

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, emphasised the importance of the UAE’s role in the ...

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional ...

Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly ...

VIENNA, July 9. /TASS/. Decisions taken by the OPEC+ reveal that the alliance understands the condition of the oil market and its needs better than anyone else, Energy Minister of the UAE Suhail Al ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

Crude oil prices declined after OPEC agreed to raise production by 548,000 barrels per day in August. Oil prices also came ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

Sarah Emerson, President of ESAI Energy, talks about OPEC+ latest production hike, summer demand and supply. She speaks to ...