LONDON/DUBAI, May 3 (Reuters) - OPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June ... take the total combined hike for April, May and ...

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 ...

OPEC+ shocked oil markets in April by agreeing to a bigger-than-expected output hike for May despite weak prices and slowing demand. OPEC’s de facto leader Saudi Arabia designed the move to ...

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

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

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 ...

Oil prices slumped after the Organization of the Petroleum Exporting Countries and its allies agreed to a larger output hike for a second straight month despite weak prices and an uncertain demand ...

OPEC+ plans to further accelerate oil output hikes and possibly unwind 2.2 million barrel per day of voluntary cuts through ...

Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded water in thin trade with major markets closed. The output increase of ...