OPEC+ countries implement a production adjustment of 137,000 bpd effective November 2025 to support market stability amid healthy funda...

In a strategic move, the Organization of Petroleum Exporting Countries (OPEC) decreased its crude oil output to an average of 27.43 mil...

The OPEC+ nations have decided to prolong their additional voluntary production cuts of 2.2 million barrels per day until the end of No...

Eight OPEC+ members, including Saudi Arabia and Russia, commit to extending voluntary oil production cuts until November 2024 to stabil...

The 55th JMMC meeting reviewed oil production data, emphasizing conformity by OPEC and non-OPEC countries and market condition assessme...

Oil output from the Organization of the Petroleum Exporting Countries (OPEC) for a second consecutive month in June, according to a Reu...

In a strategic move that underscores Saudi Arabia's significant role in the global energy landscape, the Kingdom's Minister of Energy, ...

OPEC and non-OPEC countries have agreed to extend their current oil production levels until the end of 2025, aiming for market stabilit...

OPEC+ decides to keep oil production levels steady in their latest meeting, emphasizing market stability and member country conformity....

Several OPEC+ countries have extended their voluntary oil production cuts of 2.2 million barrels per day into the second quarter of 202...