Russia Deputy Prime Minister Alexander Novak said on Friday that the OPEC+ group agreed to start increasing oil production ...
As OPEC+ debated whether to keep oil output steady due to weak global demand or pump more in response to internal pressure ...
Kazakhstan is producing oil above its OPEC+ quotas and has tasked oil majors to cut production, Energy Minister Almassadam ...
The meeting involved eight OPEC+ countries that previously announced additional voluntary adjustments in April and November ...
OPEC+ decided to increase oil output for the first time since 2022, influenced by record production in Kazakhstan. The ...
Oil prices rebounded on Friday after Russia’s deputy prime minister suggested oil cartel Opec+ could reverse a plan to ...
Crude and condensate production rose 13% in February to 2.12M bpd, driven by the Tengiz field expansion despite OPEC+ curbs.
Kazakhstan increased its crude oil and gas condensate production to a record high of 2.12 million barrels per day (bpd) in ...
While bearish sentiment due to OPEC+ output increases and demand concerns are causing oil prices to fall, this decline may be ...
The increase is the first since 2022 by OPEC+, which includes the Organisation of the Petroleum Exporting Countries, Russia ...
OPEC and its allies are once again faced with a difficult choice next week--extend production cuts or increase its own market ...
Oil prices gain despite OPEC+ production increases, while natural gas futures surge due to cold weather and supply concerns.