The move caps a dramatic month in oil markets, riven by concerns of a supply glut and uncertainty over sanctions on Russian ...

Eight members of the oil cartel agreed on Sunday to a small increase but said they would now pause in adding more oil, reflecting market concerns about an oversupply.

OPEC and its partners will make one final modest oil production increase in December before pausing additional hikes through ...

OPEC+ will likely agree on Sunday another small hike in oil output targets for December, three sources familiar with the ...

Oil prices settled marginally lower on Monday as OPEC's plans to increase oil output once again outweighed hopes of a trade ...

Eight OPEC Plus members plan to boost crude oil output again in December. Our site uses cookies and other technologies to give you the best possible experience. By using this site you are consenting ...

The schedule received from the five members covered the period from last month until June 2026 to make up for producing above their targets ...

Oil prices were heading for a third consecutive monthly decline, slipping on Friday due to a stronger U.S. dollar and weak ...

Exxon Mobil’s third-quarter earnings beat Wall Street’s expectations, bolstered by strong Guyana and Permian Basin production ...

OPEC+8 announces a 137,000 bpd increase in oil production for December while suspending output hikes for the first quarter of 2026, citing market uncertainties and geopolitical factors.

Discover how OPEC, the global oil cartel, influences oil prices and production in 2024. Learn about its member nations, history, challenges, and current strategies.