Oil prices slumped on Monday after OPEC+ countries announced a sharp production increase despite oversupply concerns and ...

JPMorgan also raised its global recession odds to 60% for the year, while S&P Global warned that oil demand growth could drop by as much as 500,000 bpd. OPEC+ justified the output hike by citing ...

LONDON, May 15 (Reuters) - World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output ... the 20,000 bpd hike in its demand ...

Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded ...

OPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in Jun by 411,000 ... eight will take the total combined hike for Apr, May and June to 960,000 ...

LONDON/MOSCOW (Reuters) -OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group's leader ...

LONDON/DUBAI (Reuters) -OPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by ... take the total combined hike for April, May and June ...

OPEC+ plans to further accelerate oil output hikes and possibly unwind 2.2 million barrel per day of voluntary cuts through October 2025 if members of the group don't improve compliance with their ...