LONDON (Reuters) -Oil prices climbed by over 1% on Wednesday, helped by a smaller than expected output hike from producer group OPEC+ next month, though concerns about oversupply capped further gains.

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to agree to further hike oil production in ...

1508 ET – Oil futures rise after the expected increase in OPEC+ production quotas come in lower than traders forecast. BOK Financial, in a report, adds that there is some skepticism that members ...

Light crude oil futures settled at $61.50 on Thursday, up $0.62 or 1.02% for the week so far, with one trading day remaining. The move capped a choppy week marked by cautious optimism surrounding ...

LONDON/MOSCOW/DUBAI, June 27 (Reuters) - The world's largest group of oil producers, OPEC+, is set to announce another big increase of 411,000 barrels per day in production for August as it looks to ...

Oil prices rose. DNB Carnegie said only about half of the pledged OPEC+ supply increase is expected to reach the market. Ardian's Energia Deal Valued Around $3 Billion The private-equity firm agreed ...

OPEC output cut - Read all the latest news headline updates on OPEC output cut. Get all the OPEC output cut breaking news updates, videos, photostories and more at Business Standard.

March WTI crude oil Wednesday closed down -1.67 (-2.30%), and March RBOB gasoline closed down -0.0483 (-2.30%). Crude oil and gasoline prices posted moderate losses Wednesday on c ...

LONDON/MOSCOW, Oct 27 (Reuters) - OPEC+, the world’s largest grouping of oil-producing nations, is leaning towards a modest output boost in December, four sources familiar with the talks said, as they ...

The members of the OPEC+ group boosted their production in September by 630,000 barrels per day (bpd) from August as the alliance last month completed the unwinding of 2.2 million bpd cuts that began ...

Crude oil futures edged lower for a second straight session on Monday with the boost from last week’s Russia sanctions losing steam, as reports said OPEC+ is leaning towards making another modest ...

MOSCOW, October 13. /TASS/. The eight OPEC+ countries that are voluntarily reducing oil production increased their output by 571,000 barrels per day (bpd) in September instead of the planned 547,000 ...