OPEC's oil output increase in May was less than planned, as some members compensated for previous overproduction, according ...

OPEC’s crude oil production rose by 180,000 barrels per day (bpd) to 27 million bpd in May, with producers part of the OPEC+ ...

OPEC said it expected the global economy to remain resilient in the second half of this year and trimmed its forecast for ...

WTI Oil prices are easing on Monday, retracing part of Friday’s nearly 6% surge after slipping from the key $70 level, now ...

Brent futures were down 93 cents, or around 1.3%, to $73.30 a barrel by 1307 GMT, while U.S. WTI futures were off 99 cents or ...

OPEC revealed in its monthly report, issued Monday, changes in its crude oil prices during April and May 2025, which fell for the fourth consecutive m ...

OPEC expects the global economy to remain resilient in the second half of this year despite concerns about trade conflicts ...

The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister Anwar Ibrahim.

Urals crude was priced at approximately $55.50 per barrel (5,000 rubles), although on June 10 it was trading for less than ...