OPEC+ News

OPEC+ Announces Strategic Oil Production Increase of 411,000 bpd Starting May

OPEC+ has agreed to increase oil production by 411,000 bpd in May, responding to positive market outlook. The decision could be adjusted based on future market conditions, with the...

OPEC+ Announces Strategic Oil Production Increase of 411,000 bpd Starting May

OPEC+ has agreed to increase oil production by 411,000 barrels per day in May, ending voluntary cuts. The decision, based on positive market outlook, is subject to change. Next mee...

OPEC+ Announces Strategic 411,000 bpd Oil Production Increase Starting May

OPEC+ has agreed to increase oil production by 411,000 barrels per day in May, ending voluntary cuts, citing healthy market fundamentals. The decision could be adjusted based on fu...

Historic Commitment: 7 OPEC+ Nations Pledge Deeper Oil Production Cuts Through 2026

OPEC+ announces a major compensation cuts plan through June 2026, with 7 key nations committing to significant oil production reductions to stabilize the global oil market.

OPEC+ Announces Gradual Oil Supply Increase Starting April 1, 2025

OPEC+ has announced a gradual increase in oil supply starting April 2025, citing healthy market fundamentals and an optimistic outlook. The decision includes a flexible return of 2...

OPEC+ Meeting: Crude Oil Prices Surge 1% Ahead of Key Decision

Crude oil futures prices rose by 1% on Tuesday as traders awaited the OPEC+ meeting scheduled for Thursday, December 5. The organization is expected to extend its production cuts u...