Four OPEC+ producers have submitted updated compensation plans to offset past overproduction, with Kazakhstan facing by far ...

By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler MOSCOW/LONDON, Feb 1 (Reuters) - OPEC+ agreed to keep its oil output ...

By Olesya Astakhova and Ahmad Ghaddar MOSCOW/LONDON, Feb 1 (Reuters) - OPEC+ is likely to keep its planned pause on oil ...

OPEC+ ratified plans to keep production steady in March — the last part of a three-month supply freeze, even after prices hit ...

LONDON/MOSCOW, Feb 1 (Reuters) - Eight OPEC+ countries have agreed in principle to maintain a planned pause in their oil ...

The pause was agreed in November by key producers including Saudi Arabia and Russia, who cited softer seasonal demand as a ...

According to the statement, the decision followed a virtual meeting of OPEC+ member states, including Saudi Arabia, Russia, Iraq, the ...

OPEC+ is on track to ratify its plans to pause production increases in March, delegates said ahead of the group’s online meeting on Sunday.

OPEC+ has extended its pause on planned oil production increases to March, citing low inventories, uncertain demand, and market signals that contradict oversupply warnings.

Eight OPEC countries met virtually on February 1 'to review global market conditions and outlook', a statement posted on OPEC ...

US Oil trades around $61.90 on Monday at the time of writing, down 5.50% on the day. WTI prices remain under pressure as ...

OPEC+ agreed to keep its oil output unchanged for March at a meeting, the producer group said on Sunday, even after crude ...