OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...

Kuwait's oil minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U ...

On paper, the world's largest group of oil-producing countries should be pumping an extra 2.5 million barrels of oil a day in ...

NEW YORK (Reuters) -Oil prices slipped on Tuesday as rising OPEC+ supply and worries of weaker global demand countered ...

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...

OPEC members move to raise production by 547,000 per day, finalizing the reversal of a 2.2 million-barrel cut. Energy Aspects ...

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...

OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...

Geopolitical tensions, such as U.S. pressure on countries like India to stop buying Russian oil, could lead to further ...

Oil-focused ETFs came under pressure this week after OPEC+ announced plans to boost production starting in September, raising ...

Crude oil futures plunged over 5% this week as bearish fundamentals—including rising OPEC+ output, weak exports, and fading ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.