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 ...

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

LONDON, August 7 (Reuters) -OPEC+ oil producers have used high summer demand to launch their first output increases in three ...

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 ...

Iraq scaled back crude production in July, even as total output from OPEC members climbed, a survey by Reuters indicated. The ...

Reliance Industries is likely to shift back to its traditional Middle Eastern sources for oil if India yields to pressure ...

Oil ETFs hit by OPEC+ plans to boost production. USO, BNO, and UCO saw significant losses. Equity-based and diversified funds ...

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

Kuwait expects oil prices to stay below $72 per barrel, monitoring global market dynamics and statements from the U.S.

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