OPEC+ Delays Oil Output Hike Once Again. Story by Giulia Petroni • 20h. T he Organization of the Petroleum Exporting Countries and its allies will further push back an oil-production increase ...

Oil Prices Rise Despite OPEC+ Output Hike Plans By Irina Slav - Jun 02, 2025, 6:06 AM CDT Morgan Stanley forecasts that OPEC+ will restore all 2.2 million bpd of previously cut output by October ...

Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms despite falling prices. The 22-nation group began a series of cuts in ...

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 Saudi Arabia seeks to ...

Oil fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as U.S. President Donald Trump's tariffs raised concerns of global ...

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 ...

An oil drilling rig operated by Saudi Aramco, in Manifa, Saudi Arabia. OPEC+ members are currently cutting output by a total of around 5.85 million barrels a day. Photo: Simon Dawson/Bloomberg News ...

Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms despite falling prices. The 22-nation group began a series of cuts in ...

Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms despite falling prices. The 22-nation group began a series of cuts in ...

Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms despite falling prices. The 22-nation group began a series of cuts in ...