MIAMI -- Tropical Storm Chantal formed off the southeast U.S. coast and was forecast Saturday to bring heavy rain to parts of the Carolinas. Tropical storm warnings were issued for portions of the two ...

Another assignment that is much more definitive: the OPEC Seminar. The circus rolls back into Vienna as the oil producers' ...

In total, Indonesia has some 4500 idle wells with reactivation potential – 4200 of which are under Pertamina’s management. Of ...

The increased production could contribute to lowering prices, as experts say it will shift the market such that supply ...

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

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

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

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.

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

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

MOSCOW, July 5. /TASS/. Eight OPEC+ countries adhering to voluntary oil production cuts have decided to increase production in August by 548,000 barrels per day, which is equivalent to the original ...