Eight OPEC+ countries will meet on Saturday to decide whether to agree a further accelerated oil output hike for June or make a smaller increase as originally planned, two sources with knowledge of ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

Kuwait's oil minister said that the OPEC+ meeting would significantly affect production policy formulation in the coming period, Kuwait's state news agency reported on Saturday.

Oil prices sank Sunday while U.S. stock futures declined after the S&P 500 notched its longest winning streak in more than 20 ...

The fact the meeting was moved to Saturday from Monday ... although that would still indicate a change in OPEC strategy and the risks are asymmetric, Babin says. “If it’s worse than we think ...

The accelerated meeting follows mounting tensions within ... Meanwhile, a Bloomberg survey released Thursday showed that OPEC’s actual output fell by 200,000 bpd in April, down to 27.24 million ...

Supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 800,000 barrels ...

The OPEC+ meeting was moved up to Saturday from the original plan of Monday, three sources told Reuters on Friday, although it was not immediately clear why the meeting was rescheduled ...

Brent oil is losing ground as traders worry that OPEC+ will boost production despite trade wars. If Brent oil settles below the $60.00 level, it will move towards the support at $58.00 – $58.50. For a ...

The focus of this post is an overview of World oil production, along with a more detailed review of the top 11 Non-OPEC ...