LONDON, June 7 — Opec+ ministers meet today to weigh higher production quotas in a bid to cap oil prices that have surged since the Iran war effectively choked off Gulf crude...

OPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since the Strait of Hormuz was effectively blocked by…

LONDON, June 7 — Opec+ ministers meet today to weigh higher production quotas in a bid to cap oil prices that have surged since the Iran war effectively choked off Gulf crude...

OPEC+ plans a fourth oil quota hike amid Hormuz tensions. WTI reaching $150 in June 2026 at 1.8% YES.

OPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its member countries. Despite setbacks,…

OPEC+ plans a fourth oil output quota increase amid ongoing challenges from the U.S.-Iran war and UAE's exit.

Seven members of OPEC+, which groups OPEC and allied producers including Russia, increased output quotas from April to June by almost 600,000 barrels per day.

OPEC+ is poised to approve its fourth consecutive oil output increase, despite the ongoing U.S.-Iran war disrupting supplies through the critical Strait of Hormuz.

OPEC+ ministers are set to meet amid soaring oil prices driven by geopolitical tensions. Will their decisions affect fuel prices for consumers worldwide?

Opec+ is set to agree on Sunday a fourth increase in oil output targets in as many months, three sources from the oil cartel told Reuters, even though the war on Iran is still…

OPEC+ agreed on Sunday a fourth straight hike in its oil output targets in as many months, the organization said in a statement, even though the...

OPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikely to have an impact on prices sent…

Seven core members of group gradually unwinding 1.65 million bpd production cut agreed to raise July output by 188,000 bpd

OPEC+ ministers agreed to raise oil output quotas by 188,000 barrels per day for July, but analysts say the move will have little impact on prices as the Strait of Hormuz remains…

Analyst says the increase means little as long as the strait remains closed

OPEC+ announces fourth oil output increase amid supply crisis caused by war and Strait of Hormuz closure.

OPEC+ on Sunday agreed to a fourth consecutive increase in oil production targets, even as the ongoing US-Iran conflict continues to restrict exports from several member countries…

Decides to increase targets by 188,000 bpd from July.

On Sunday, the seven members decided to increase targets by 188,000 bpd from July, OPEC said in a statement.

OPEC+ has agreed to increase oil production quotas by 188,000 barrels per day in July, with ministers from Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman…

LONDON: Opec+ agreed on Sunday a fourth increase in its oil output targets in as many months, even though the US war...