Another tussle for oil market share at low prices beckons, after OPEC+ producers announced a higher than expected crude ...

The expanded output plan will add 548,000 barrels a day starting in August, with a similar increase under consideration for September. The move accelerates OPEC+’s strategy to reclaim market share, ...

Minister of Oil Al-Roumi reaffirmed on Saturday Kuwait’s full support for OPEC+ efforts aimed at enhancing the stability of ...

The Washington-based EIA reported that, on a monthly basis, Iraq’s oil exports increased by 40,000 barrels per day in June.

OPEC+ agreed on Saturday to raise production by 548,000 barrels per day (bpd) in August, further accelerating output ...

Dubai: Crude oil prices could fall below $60 a barrel in the coming months as a fresh wave of supply from OPEC+ meets ...

An eight-nation subset of the oil-producing OPEC+ alliance agreed to lift production by a larger-than-expected 548,000 ...

US stock futures retreated last Friday as American trade partners pushed for concessions ahead of a July 9 deadline to finalize trade deals with the Trump administration. Meanwhile OPEC+ delegates ...

Most Gulf stock markets ended higher on Sunday as investors looked ahead to U.S. tariff decisions due later this week and took stock of OPEC+'s move to raise oil production output next month.

Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to ...