OPEC+

OPEC+

People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. Photo: REUTERS/Maxim Shemetov/File Photo

OPEC+ will likely raise oil output further from October: sources

OPEC+ has reversed its strategy of output cuts from April and has already raised quotas by about 2.5 million barrels per day, about 2.4% of world demand, to boost market share and under pressure...

Oil tumbles as OPEC+ hikes August output more than expected

Oil tumbles as OPEC+ hikes August output more than expected

Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. Photo: REUTERS/Tyrone Siu/File Photo

Stocks slip in Asia on US tariff confusion, oil skids

OPEC+ may further accelerate oil output hikes on Saturday: sources

OPEC+ may further accelerate oil output hikes on Saturday: sources

An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. Photo: China Daily via REUTERS

Oil prices little changed as expectations for OPEC+ increase weigh

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Oil falls on prospect of more OPEC+ supply, easing risks in Mideast

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

Oil slips on rising OPEC+ output, despite Canadian supply concerns

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

OPEC+ oil producers stick to their guns with another big hike for July

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

Oil falls as higher OPEC+ output expectations weigh on sentiment

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

OPEC+ agrees another accelerated oil output hike for June

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

Oil falls as concerns about demand amid US tariff upheaval return

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo

Oil plunge deepens on fears global trade war could trigger recession

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

OPEC+ to proceed with planned April oil output hike