The eight OPEC+ members - Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman - raised oil output ...

OPEC countries are likely to maintain its current production policy despite US involvement in Venezuela's oil, one of its ...

Oil producers inside and outside the Organization of the Petroleum Exporting Countries are quietly shifting from restraint to expansion, lifting output even as demand signals look uneven. The result ...

Yet again, OPEC has postponed plans to increase oil production until at least the end of the year. That drove oil futures higher on Monday — West Texas Intermediate is trading around $71.50 a barrel.

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 ...

OPEC+ faces a major oil oversupply in 2025, challenging production increases. The coalition has tried to boost oil prices by holding back output. Instead, members are ceding control to non-OPEC ...

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 ...

Big moves, if not big enough to sink oil prices. You might, therefore, think that OPEC+ is in total control. The cartel, ...

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-producing countries. Production from November 2025 to December 2026 appears ...