Crude prices rallied after OPEC and its allies delayed a planned production increase by a month, as Israel-Iran tensions remain heightened, and the U.S. election looms. Dig deeper: ...

No reason was given for the move, which comes ahead of the U.S. presidential election on Tuesday. In June, OPEC said 2.2 million barrels a day in voluntary cuts were extended until September but would ...

ING and other forecasters had assumed the Saudis and OPEC would rather risk even lower prices with additional supply in order to regain market share. This clearly wasn’t the case. Therefore ...

In June, OPEC said 2.2 million barrels a day in voluntary cuts were extended until September but would then be gradually reduced month by month until they are eliminated by September 2025.

Prices for U.S. crude also rose about 2 percent to above $71 a barrel. OPEC Plus had first announced in June that it would gradually increase production by an estimated 2.2 million barrels a day ...

It's the culmination of a multi-year period that saw OPEC+ members cut production to support higher market prices, only to be undercut by expanding production from non-OPEC exporters. Looking into ...

Bloomberg survey: OPEC production rose by 370,000 bpd in October. Libya’s output recovery led OPEC to raise its production to nearly 30 million barrels daily. Iraq, Iran and Saudi Arabia saw ...

OPEC’s oil production rose last month as Libya restored output that was halted during a brief political crisis. Supplies from the Organization of Petroleum Exporting Countries increased by ...

OPEC and its allies aren’t likely to bring oil output back this year because producers are “making huge money” from refined products, according to Rystad Energy. “Our view is that they ...

Crude output from the Other 8 OPEC producers (those not part of the Big 4) has risen at an average annual rate of 447 kb/d for the past 36 months. The OPEC Monthly Oil Market Report (MOMR ...

Sontak, unggahan tersebut memicu spekulasi bahwa Indonesia telah bergabung dengan BRICS dan akan meninggalkan dolar sebagai mata uang perdagangan. Namun, melansir dari situs resmi Kominfo, Indonesia ...

Untuk pertama kalinya, Keraton Solo menggelar upacara peringatan Hari Sumpah Pemuda. Mereka juga membentangkan bendera berukuran 1.000 meter. 264 bendera Merah Putih terpasang di sepanjang 33 gerbong ...