Kazakhstan intends to compensate for the overproduction of oil ahead of schedule from January 2024 within the OPEC+ deal, the press service of the country's Energy Ministry said. "Kazakhstan will take ...

The US EIA forecasts Brent crude prices to average $74 per barrel in CY25, down 8 per cent Y-o-Y and to decline to $66 per ...

Eight OPEC+ member countries will go forward with plans to increase oil production amid President Donald Trump’s calls for reducing the cost of oil. The organization, headed by Saudi Arabia and Russia ...

Oil prices extended losses on Tuesday after reports of OPEC+ plans to proceed with output increase in April while further ...

Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...