Eight OPEC countries met virtually on February 1 'to review global market conditions and outlook', a statement posted on OPEC ...
By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler MOSCOW/LONDON, Feb 1 (Reuters) - OPEC+ agreed to keep its oil output ...
ALMATY – Eight OPEC+ member countries have reaffirmed their commitment to oil market stability, citing a steady global economic outlook and healthy market fundamentals reflected in relatively low ...
Eight major participants, spearheaded by Saudi Arabia and Russia, reconfirmed the suspension — initially established in ...
OPEC announced on Monday that it has received a revised compensation plan from Iraq to address its previous excess production.
The Organization of Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production dropped to 1.42 million barrels ...
Crude oil prices across Organization of the Petroleum Exporting Countries (OPEC)-linked grades declined in December 2025 as global market conditions tilted decisively ...
Taking into account current data on the OPEC+ compensation plan, production should fall 130,000 bpd month-on-month in February, versus the previous 293,000 bpd expected, to 37.699 million bpd. In ...
NEW YORK – A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to boost oil production, a move some believe could lower oil and gasoline prices, citing a ...
President Trump said in an interview Wednesday that he supports Venezuela staying in the Organization of the Petroleum Exporting Countries (OPEC). “Well, I think it’s better for them if they do it,” ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
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