OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, although the increase was limited as Iraq pumped below target to compensate for ...

Stock markets mostly fell alongside a retreating dollar Friday as international tensions over tariffs dominated sentiment.

Oil was trading slightly lower ahead of an OPEC+ meeting on July 6 that is set to deliver another oversized production hike.

(Reuters) -Barclays on Thursday said it raised its Brent oil price forecast by $6 to $72 per barrel for 2025 and by $10 to ...

Stock markets rose and the dollar held steady Thursday as strong jobs data showed the resilience of the US economy.

Stock markets and the dollar largely steadied Thursday before key US jobs data and as investors kept a close eye on President ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

The physical volume of oil exports by OPEC countries in 2024 decreased by 3.55% to 19.01 mln barrels per day. OPEC's share of global oil deliveries was 43.96% last year, which is slightly lower than ...

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Saudi Arabia, OPEC’s top oil producer, earned $179 billion in 2024, making up about a third of the group’s total revenue..

Explore the latest tensions in the Strait of Hormuz as Iran prepares for potential conflict amid regional developments.