OPEC+ likely to keep output unchanged, plan for 2027 baselines in focus - report

OPEC+ talks to focus on countries' maximum output capacity, to be used as reference for 2027 baselines. Read more.
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Oil Prices Slip on Peace Deal Progress

Oil prices slipped on renewed Russia-Ukraine peace optimism and uncertainty ahead of Sunday’s OPEC+ meeting, with markets increasingly focused on oversupply risks.

OPEC+ seen keeping oil output unchanged, focus on capacity debate

OPEC+ is likely to leave output levels unchanged at its meeting on Sunday while focusing talks on a theoretical topic of how ...
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Oil adds to losses ahead of OPEC meeting as Saudis said to want more output hikes

Crude oil futures fell for a third straight session Friday, as market expectations are growing that OPEC+ will agree at Sunday's meeting to push more barrels into the market to regain market share.
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OPEC+ is said to extend oil output hikes during Sunday’s meeting

During a meeting on Sunday, the OPEC+ group of oil-producing nations is expected to increase its collective crude production capacity for October, but probably at a lower level than their recent ...

OPEC’s market power is ‘less than you would imagine’ and the US doesn’t need to get fussed over the cartel, State Dept. official says

The U.S. shale boom has eroded OPEC's grip on oil markets. Bank of America estimates that oil from the rest of the world, ...