Brent crude futures have plunged 6.5 percent over the last four sessions, settling at $68.34 per barrel—their lowest since December 2021.

OPEC+ did what Donald Trump has demanded and announced it would start increasing production, pushing oil prices down to three-year lows. Trump may get more than he bargained for.

Kazakhstan is set to augment its oil supplies through the CPC pipeline by 12% in March compared with the previous month, ...

In a separate market analysis sent to Rigzone today, Rania Gule, Senior Market Analyst at XS.com - MENA, said, “this move by ...

The meeting involved eight OPEC+ countries that previously announced additional voluntary adjustments in April and November ...

Find insight on Aramco, BCPG, Sembcorp Industries, and more in the latest Market Talks covering Energy and Utilities.

OPEC+ decided to increase oil output for the first time since 2022, influenced by record production in Kazakhstan. The ...

As OPEC+ debated whether to keep oil output steady due to weak global demand or pump more in response to internal pressure ...

"Kazakhstan reaffirms its unwavering commitment to the OPEC+ agreement. In February, the country implemented all requisite ...

Kazakhstan increased its crude oil and gas condensate production to a record high of 2.12 million barrels per day (bpd) in ...

UAE affirms commitment to full conformity with additional voluntary production adjustments approved by OPEC+ ...

This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted.