OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply growth from non-OPEC+ producers like the U.S.

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

Kuwait's oil minister said that the OPEC+ meeting would significantly affect production policy formulation in the coming period, Kuwait's state news agency reported on Saturday.

The analysis highlights the Permian’s competitive advantage, with the next-to-lowest operating breakeven of $42.90/bbl, the ...

According to OPEC, the meeting is chaired by Nigeria’s OPEC Governor, Ademola Adeyemi-Bero, and includes the participation of ...

The OPEC+ meeting was moved up to Saturday from the original plan of Monday, three sources told Reuters on Friday, although it was not immediately clear why the meeting was rescheduled ...

The accelerated meeting follows mounting tensions within ... Meanwhile, a Bloomberg survey released Thursday showed that OPEC’s actual output fell by 200,000 bpd in April, down to 27.24 million ...

The fact the meeting was moved to Saturday from Monday ... although that would still indicate a change in OPEC strategy and the risks are asymmetric, Babin says. “If it’s worse than we think ...

Supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 800,000 barrels ...

The focus of this post is an overview of World oil production, along with a more detailed review of the top 11 Non-OPEC ...

Oil prices fell over 1% lower on Friday and recorded for their biggest weekly losses since the end of March, as traders ...