The acceleration of the output hikes came after some OPEC+ members produced far more than their targets, angering other members.

OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at ...

No effect from Israel-Iran war . Analysts expect no major effect on current oil prices, as another output hike is widely anticipated. The meeting comes after a 12-day conflict between Iran and ...

OPEC+ is considering moving its meeting to Saturday to potentially approve an additional 411,000 bpd production hike for August. Actual increases have been lower than planned due to compliance ...

Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with analysts expecting the latest in a series of output hikes for August. The wider ...

Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with analysts expecting the latest in a series of output hikes for August.The wider ...