"OPEC reported no change to the group’s supply and demand outlook in yesterday’s release of its monthly market report. Global oil demand growth is unchanged for this year and next at 1.29m b/d and ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, although the increase was limited as Iraq pumped below target to compensate ...

OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low inventory levels as justification for the move.

A version of this article appears in print on July 6, 2025, Section A, Page 10 of the New York edition with the headline: OPEC Plus to Increase Its Oil Output in August.

West Texas Intermediate (WTI), futures on NYMEX, recovers its initial losses and rebounds to near $65.50 during the European ...

OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped - and then retreated ...

Oil held steady as traders weighed the uncertain status of nuclear talks between the US and Iran against reports that OPEC+ may extend its run of super-sized production increases. West Texas ...

Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...

The wider OPEC+ group — comprising the 12-nation Organization of the Petroleum Exporting Countries (OPEC) and its allies — began output cuts in 2022 in a bid to prop up prices.

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...

ADNOC has restored most of the Murban crude supply to its partners after July cuts, while planning lower export volumes from August 2025 to May 2026 due to increased domestic refining.

Oil futures shook off the initial negative reaction to OPEC+ further accelerating the return of production to settle higher.