OPEC+ plans to maintain steady oil output despite ongoing political tensions among key members, including Saudi Arabia and ...

LONDON/MOSCOW, April 3 (Reuters) - Eight OPEC+ countries unexpectedly agreed on Thursday to advance their plan to phase out oil output cuts by increasing output by 411,000 barrels per day in May, a ...

Morgan Stanley analysts on Sunday said Saturday's announcement by OPEC+ that it will increase June output by 411,000 b/d for a second straight month will widen the supply surplus this year and next, ...

May 5 (Reuters) - Goldman Sachs reduced its oil price forecast following decisions by the Organization of the Petroleum Exporting Countries and its allies, OPEC+, to accelerate oil output increases, ...

Discover how the sacrifice ratio measures the cost of changing inflation on economic production and output, including its role in fiscal policy decisions.

Saudi Arabia is advocating for accelerated increases in oil production within the OPEC+ coalition, aiming to reclaim market share lost during past output cuts. The kingdom is reportedly pressing the ...