OPEC+ countries say they will expand monthly oil production
Seven OPEC+ countries have agreed to a modest expansion of monthly oil production amid sliding prices.
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Seven OPEC+ countries have agreed to a modest expansion of monthly oil production amid sliding prices.
OPEC+ is increasing oil output quotas as shipping traffic through the Strait of Hormuz begins to recover.
OPEC oil output is increasing as Gulf producers revive supply, though levels remain below normal standards.
Morgan Stanley warns of oil glut, cuts forecasts due to Strait of Hormuz reopening
Iraq has warned it may exit OPEC if the organization does not agree to raise its oil production quota.