The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at ...

The Organization of the Petroleum Exporting Countries and its allies, or OPEC+, said that it has agreed to raise oil output ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...

OPEC’s June oil production rose by 270,000 bpd, but weak compliance and inconsistent enforcement raise doubts about whether ...

At a virtual meeting Saturday, eight core members led by Saudi Arabia agreed to add 548,000 barrels per day (bpd) to global supply—exceeding earlier expectations of a 411,000 bpd hike.

OPEC has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by Saudi Arabia seeks to reclaim market share.

OPEC+ raises oil production by 548K barrels/day in August amid steady economic outlook & low inventories. Read more here.

OPEC+ announced a significant oil production hike of 548,000 barrels per day (bpd) for August, accelerating its output ...