OPEC crude production registered a record plunge last month as conflict in the Middle East throttled exports from key members ...

Producers of the OPEC+ alliance that are discussing the possibility of agreeing next week on an oil production cut have narrowed the range of options to between 500,000 barrels per day (bpd) and 1 ...

LONDON — OPEC oil output has fallen this month by 170,000 barrels per day (bpd) from a 2017 high, a Reuters survey found, as renewed unrest cut supplies in Libya and other members stepped up ...

OPEC’s crude oil production plunged in March as the near-closure of the Strait of Hormuz forced key members to curb output ...

LONDON, Feb 9 (Reuters) - OPEC's oil output fell in January due to lower supply from Nigeria and Libya, a Reuters survey found on Monday, which offset increases in members including Venezuela after ...

(Reuters) - Goldman Sachs said the formal agreement by non-OPEC oil producers this weekend in Vienna to help curb output was reached with a goal of "normalization" of inventories and not necessarily ...

OPEC oil output plunged in ‌March to its lowest level since the height of the COVID-19 pandemic in June 2020, a Reuters survey found, as the U.S.-Israeli war against Iran effectively closed the Strait ...

US Energy Secretary Sam Bodman welcomed the decision by Opec not to cut its production levels, even as US oil inventories soared to near a seven-year high. Opec ministers meeting in Vienna decided ...

OPEC on Sunday agreed to boost oil production by another 206,000 barrels daily, which will be theoretical only as production in the Middle East remains constrained by the Strait of Hormuz crisis. The ...

OPEC raised oil production slightly last month as key members began gradually restarting another layer of halted supplies, according to a Bloomberg survey. The Organization of the Petroleum Exporting ...

Iraq led OPEC+ nations that reduced oil output, with crude oil production dropping by around 2.56 million barrels per day to 1.62 million.

The Output from the organization collapsed by 7.88 million barrels a day (MMbpd) to 20.79 MMbpd in March, driven by losses in Iraq, Saudi Arabia, the United Arab Emirates and Kuwait, according to a ...