CNBC's assignment desk has a conundrum this week: how to approach July, 9 — the deadline for trade negotiations between the U ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

Saudi Arabia raised prices for its main crude grade for buyers in Asia next month as demand for oil and fuels holds up. The move, a day after OPEC producers agreed to a fourth round of big output ...

At a virtual meeting Saturday, eight core members led by Saudi Arabia agreed to add 548,000 barrels per day (bpd) to global supply—exceeding earlier expectations of a 411,000 bpd hike.

OPEC has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by Saudi Arabia seeks to reclaim market share.

In total, Indonesia has some 4500 idle wells with reactivation potential – 4200 of which are under Pertamina’s management. Of ...

OPEC+ raises oil production by 548K barrels/day in August amid steady economic outlook & low inventories. Read more here.