Saudi Arabia led a big ‌increase in OPEC oil output in the month ahead of U.S. and Israeli strikes on Iran, a Reuters survey ...

Producers' group reacts as the Middle East crisis threatens to fan a geopolitical risk driven oil price spike in a market ...

LONDON/MOSCOW, March 1 (Reuters) - OPEC+ agreed a modest oil output boost of 206,000 barrels per day for April on Sunday just ...

OPEC's spare capacity exists largely on paper, concentrated in Saudi Arabia and the UAE, but bringing it online could take up ...

OPEC Plus Group on Sunday agreed to increase oil output by 206,000 barrels per day during the upcoming month of April.Representatives of the eight member s ...

The U.S.-Israeli attack raises the risk of major oil supply disruption. Iran is the fourth-largest OPEC producer and sits on ...

Daniel Hynes of ANZ says that if there are major disruptions to oil supplies out of the Middle East, a pick up in Russian oil ...

The Organization of the Petroleum Exporting Countries and its allies agreed Sunday to a larger-than-expected oil output hike following the U.S. and Israeli strikes on OPEC member Iran. The Saudi ...

The cartel pledged to increase output by 206,000 barrels a day from next month, and said that members would “closely monitor and assess market conditions.” ...

OPEC 12 output decreased by 135 kb/d with the largest increases from Iraq (38 kb/d), UAE (14 kb/d), and Saudi Arabia (13 kb/d). Read more here.

There is ... a risk that the OPEC decision is moot', Alan Gelder, SVP of Refining, Chemicals and Oil Markets at Wood ...

OPEC is pursuing a long-term strategy to increase its market share and is unwinding production cuts, with oil prices remaining strong due to factors beyond OPEC's direct control. The rise in oil ...