OPEC+ members are currently cutting output by a total of around ... to diversify the economy beyond oil and gas. Market watchers say a delay to production hike plans will allow the group to ...

OPEC+ on Thursday pushed back the start of oil output rises by three months until April and extended the full unwinding of cuts by a year until the end of 2026 due to weak demand and booming ...

Top oil exporter Saudi Arabia cut prices for all ... Exporting Countries and its allies further delayed a planned output hike amid softer prices. State-owned oil giant Saudi Arabian Oil Co ...

OPEC and its allies have postponed the easing of output cuts for another ... that market fundamentals see oil supply growth outpacing demand in 2025 -- even if OPEC+ keeps production levels ...