The OPEC+ will discuss the market situation and decide on the joint action from January 1 in December 2024 at the ministerial meeting, the Russian deputy prime minister said ...

Russian data show the nation’s crude production in October was almost in line with its target under the OPEC+ agreement, according to people familiar with figures from the Energy Ministry. The nation ...

Countries' compliance with agreed output curbs has been in focus, particularly that of Iraq and Kazakhstan, which have been pumping above targets and have promised additional cuts to compensate for ...

Libya is preparing to hold its first oil and gas exploration bid round in over 17 years, signaling a potential boom in the ...

OPEC+ delayed a planned increase in oil production, causing prices to rise as analysts debate the long-term impact on the market.

SAUDI Arabia lowered oil prices for buyers in Asia for December after members of the Opec+, which includes the Organization ...

Oil prices were sitting on some gains in recent sessions, after the Organization of Petroleum Exporting Countries and allies ...

Oil prices opened $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Click to read.