The move is designed to show the group is ready to raise supplies once the war stops Read more at The Business Times.

OPEC+ is set to agree on Sunday a modest oil output hike, sources said, but the increase will remain largely on paper as long ...

A sub-group of OPEC+ states has provisionally agreed a modest quota increase for June despite the UAE’s departure, a delegate ...

Seven OPEC+ members are meeting Sunday to make their first decision on oil-production quotas since the United Arab Emirates' ...

Key OPEC+ member-countries, including Russia and Saudi Arabia, will discuss the oil production plan for June at the monthly online meeting. Eight leading OPEC+ countries (Russia, Saudi Arabia, the ...

Even as U.S. gasoline prices rise again amid ongoing Strait of Hormuz tensions, American drivers are still paying less than ...

Stalled peace talks between US and Iran are keeping pressure on the Strait of Hormuz. TD Asset Management's Humza Hussain ...

Seven members of OPEC+ have reached an agreement in principle to raise oil output targets by around 188,000 barrels per day ...

The increase is similar ​to last month's hike of 206,000 ​bpd minus the share of the United Arab Emirates, which in a surprise announcement this ​week said it would leave the group​from 1 May.

Nigeria’s Ministry of Petroleum Resources has indicated that the country remains firmly committed to the principles and ...

The UAE's withdrawal from OPEC may not cause significant disruptions to global oil supply. OPEC's share of global crude supply has dropped to 36.7% in 2025, and with the Strait of Hormuz supply route ...

## Market Snapshot The market for crude oil price predictions by June indicates a 100% likelihood of hitting $90. Recent news ...