U.S. crude oil and condensate production is anticipated to expand by 130,000 bpd this year, and by just 44,000 bpd year-over-year in 2026, according to OPEC’s estimates. The cartel expects ...

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

By Stanley Reed Reporting from London Oil ... OPEC Plus said they would add about 411,000 barrels of oil a day in June. The move, which follows a similar step by the group to increase oil ...

OPEC+ oil war impacts global economy, India's oil imports, and geopolitical dynamics, analyzed by expert Mahesh Sachdev.

The leaders of OPEC Plus appear to be making a calculated decision to raise production even if that reduces prices — and, thus, how much money they make from selling oil — for geopolitical ...

ConocoPhillips (COP) surpasses production targets and reduces capital spending while navigating a challenging macroeconomic ...

Oil prices are falling after OPEC Plus agreed to increase production ... for the last couple of years where they have had production cuts, maintaining a floor on the price of oil.

A new report by Reuters, which was published on Sunday, said the countries may unwind their 2.2 million barrels per day of voluntary cuts ... oil production levels. Kazakhstan’s April oil output ...

Saudi Arabia's strategic pivot is about letting go of the illusion of market control and moving production back up toward ...

Crude oil struggles to rise as WTI faces stiff resistance at $63.20, with key downside pivot support at $59.13. OPEC+ continues unwinding voluntary production cuts, adding pressure to already ...