CNBC's assignment desk has a conundrum this week: how to approach July, 9 — the deadline for trade negotiations between the U ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to ...

At a virtual meeting Saturday, eight core members led by Saudi Arabia agreed to add 548,000 barrels per day (bpd) to global supply—exceeding earlier expectations of a 411,000 bpd hike.

OPEC has agreed in principle to further accelerate its supply increases next month, delegates said, as the group led by Saudi Arabia seeks to reclaim market share.

OPEC+ raises oil production by 548K barrels/day in August amid steady economic outlook & low inventories. Read more here.

In total, Indonesia has some 4500 idle wells with reactivation potential – 4200 of which are under Pertamina’s management. Of ...

MIAMI -- Tropical Storm Chantal formed off the southeast U.S. coast and was forecast Saturday to bring heavy rain to parts of the Carolinas. Tropical storm warnings were issued for portions of the two ...

OPEC+ announced a significant oil production hike of 548,000 barrels per day (bpd) for August, accelerating its output ...