But Emily Ashford, an energy analyst at Standard Chartered bank, said an increase in OPEC+ quotas of 137,000 barrels would ...

This decision comes amid differing forecasts for global oil demand. The group aims to manage market stability. Asian demand, particularly from China and India, remains a key factor. OPEC+ seeks to ...

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to agree to further hike oil production in a virtual ...

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Eight members of the oil cartel agreed on Sunday to a small increase but said they would now pause in adding more oil, reflecting market concerns about an oversupply.

The move caps a dramatic month in oil markets, riven by concerns of a supply glut and uncertainty over sanctions on Russian ...

Oil rose after OPEC and its allies agreed to boost oil production by 137,000 barrels a day in December, but said they wouldn’t increase production in first three months of 2026 due to seasonality.

Abu Dhabi hosts a major oil summit Monday, just after OPEC+ and its allies announced they would halt planned production ...

Oil prices rose slightly after OPEC+ announced a small December output hike and paused early-2026 increases, reflecting caution amid global demand and geopolitical uncertainty.

Oil prices climbed in Asian trading on Monday after the Organization of the Petroleum Exporting Countries and allies (OPEC+) ...