OPEC's oil output increase in May was less than planned, as some members compensated for previous overproduction, according ...

Under the latest agreement by OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies, ...

OPEC said on Monday it expected the global economy to remain resilient in the second half of this year and trimmed its ...

Kazakhstan has informed OPEC that it does not intend to reduce its oil production, Russia's Interfax news agency cited Kazakhstan's Deputy Energy Minister Alibek Zhamauov as saying on Thursday.

Group leader Saudi Arabia has spurred OPEC and its allies to accelerate their planned output revival in a bid to punish ...

ASTANA. June 18 (Interfax) - Kazakhstan will not leave OPEC+ despite agreements to boost oil production, Kazakh Energy Minister Erlan Akkenzhenov said. "Where did it come from that Kazakhstan has been ...

Earlier this month, Chevron’s chief executive, Mike Wirth, told analysts at the supermajor’s Q1 earnings call that “On OPEC plus in Kazakhstan, you know, really were not discussions of that.

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of accelerated increases.

Kazakhstan and Iraq, who had pledged extra cutbacks ... according to the report. OPEC kept forecasts for global oil demand, and supplies from outside the cartel, broadly steady.

OPEC+ countries, most of whom have assured their tacit support to Tehran in the Israel-Iran war, hold some influence on the decisions made by the Islamic Republic.

Kazakhstan pumped 1.823 million barrels a day in April, exceeding its agreed limit by roughly 400,000 barrels a day, according to data from OPEC’s secretariat. Its exports are set to remain near ...

The Organisation of Petroleum Exporting Countries and its allies (OPEC+) recorded a decline in crude oil output in May 2025, ...