US crude oil has fallen more than 22% since peaking in January. Oil extended its losses on Wednesday even as tariff pressures ...

Oil prices slipped 2% on Wednesday as sources said OPEC+ would consider accelerating its oil output increases in June, but ...

Several OPEC+ members will suggest accelerating oil output hikes in June for a second consecutive month, three sources ...

By Tamara Vaal ASTANA (Reuters) -Kazakhstan will prioritise national interests over those of the OPEC+ group when deciding on ...

The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on ...

Opec+ members have been holding back production for the past three years, cutting their combined output by almost 6mn b/d in a bid to push crude prices higher. Those efforts helped to keep crude above ...

Oil traders aren't persuaded by the equity rally, since big problems are brewing within the Organization of the Petroleum Exporting Countries, said Manish Ra ...

Kazakhstan has sparked fresh tensions within OPEC+ by asserting that its oil production strategy will be governed by national ...

Several OPEC+ members are planning to propose a second consecutive monthly acceleration of oil output hikes in June.

Kazakhstan is fulfilling its OPEC+ obligations and has an ongoing dialogue with the group to find “mutually acceptable ...

OPEC cut forecasts for global oil demand growth this year and next as President Donald Trump’s tariff onslaught takes a toll ...

Eight OPEC+ countries will meet on May 5 to decide the June output plan. The three sources, speaking on condition of ...