During the monthly meeting held Nov. 2, the eight OPEC+ members involved—Saudi Arabia, Russia, the United Arab Emirates (UAE), Iraq, Kuwait, Oman, Kazakhstan, and ...

Oil prices held steady on Monday as the market balanced the latest OPEC+ supply increase with the group's plans to pause ...

Petroleum futures were near midday Monday after OPEC and allied producers announced over the weekend they will increase production by 137,000 b/d in December, a move that had been expected in the ...

Oil and gas producers SM Energy and Civitas Resources will combine in a $12.8 billion merger of near equals that will expand SM as a major producer in the booming Permian Basin.

The decision by OPEC and its allies on Sunday to keep oil output targets steady in the first quarter of next year came after ...

Kazakhstan’s production increase for December is set at 7,000 barrels per day, unchanged from November. Beyond December, the eight countries agreed to pause production increases in January, February, ...

OPEC+ will pause output increases during the first quarter – after making another modest hike next month – as the group ...

OPEC+ agreed to pause its plans to continuously increase production in 2026, as its monthslong production hikes had stoked ...

To comply with new laws restricting “profane” or “indecent” material, some Texas school districts are using ChatGPT to screen library titles. Supporters say it’s efficient, while critics warn it’s ...

Venezuela's oil exports declined 26% to some 808,000 barrels per day in October as the country's stocks dwindled and it ...

Oil prices were steady Monday following reports that a group of major oil producers over the weekend agreed to take steps to help offset fears of a coming supply glut. Prices for ben ...

SINGAPORE: Oil prices climbed on Monday after OPEC+ decided to hold off production hikes in the first quarter of next year, ...