Due to export disruptions from caused by the Iran and Ukraine wars, monthly OPEC+ hikes over most of this year have had little impact on the market.

Saudi Arabia, Russia and five other members of OPEC+ are expected to raise their oil production quotas for September when they meet online Sunday as the Middle East war continues…

Saudi Arabia, Russia and five other key members of OPEC+ agreed in an online meeting Sunday to boost oil production by 188,000 barrels a day from September, against a backdrop of…

OPEC+ members are expected to increase oil production quotas for September. This move follows several months of similar production adjustments by the group. Many members face…

Oil producer alliance to add 188,000 bpd again

OPEC+ approved an oil production increase of 188,000 barrels daily for September. This move completes the unwinding of voluntary output cuts made earlier. The group is reviewing…