Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and ...

OPEC's oil output increase in May was less than planned, as some members compensated for previous overproduction, according ...

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

OPEC’s crude oil production rose by 180,000 barrels per day (bpd) to 27 million bpd in May, with producers part of the OPEC+ ...

The abrupt change in calculus for oil investors this week comes after months in which output increases from OPEC and its ...

The Organisation of Petroleum Exporting Countries and its allies (OPEC+) recorded a decline in crude oil output in May 2025, ...

Israel’s surprise military strike on Iran has jolted oil markets and cast fresh attention on the recent production decisions ...

After holding back supply for almost three years to push prices higher, the output curbs are no longer having as much impact, ...

Any disruption in Iran's oil production may impact global prices as Saudi Arabia and UAE are the only Opec+ members that can ...

OPEC oil output rose in May by less than the volume planned, a Reuters survey found, as Iraq made further cuts to compensate ...