opec

By Andrey Biryukov May 1, 2026 (Bloomberg) –The blockade of the Strait of Hormuz is creating an economic split among oil exporters in the Persian

The United Arab Emirates said on Tuesday it was quitting OPEC, dealing a heavy blow to the oil producers' group as an unprecedented energy crisis triggered

By Fiona MacDonald, Grant Smith and Salma El Wardany Apr 5, 2026 (Bloomberg) –OPEC+ warned that damage to Middle East energy assets will have a

Trump's strikes on Iran threaten the Strait of Hormuz, a critical chokepoint for 20% of global oil supply. Traffic has dropped sharply as Iran's 3.3M barrel

U.S.-Israeli strikes on Iran and Tehran's retaliatory attacks across the Persian Gulf are disrupting oil exports from a region that supplies 20% of global

Some supertanker operators are speeding up transits through the Strait of Hormuz as U.S.–Iran tensions rise, with VLCCs reaching speeds well above normal

Iraq will raise shipments of a key crude grade next month, part of an enlarged export program indicating that the OPEC+ nation is boosting its oil

OPEC countries have recorded their highest weekly crude tanker loadings since April 2023, with a significant 24% week-on-week increase to 2.281 million barrels

OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources said that separate talks on Saturday

By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW, May 4 (Reuters) – OPEC+ will accelerate oil output hikes and could bring back to

 OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing

US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil

DUBAI, Oct 6 (Reuters) – Iran’s oil minister landed on Kharg Island, home to the country’s main export terminal, and held talks with a

By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova LONDON/MOSCOW, Aug 30 (Reuters) – OPEC+ is set to proceed with a planned oil output hike

By Georgina McCartney HOUSTON Aug 2 (Reuters) – Oil prices fell on Friday, settling at their lowest since January after data showed the

By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI, June 2 (Reuters) – OPEC+ agreed on Sunday to extend most of its deep oil output

By Dmitry Zhdannikov, Alex Lawler and Maha El Dahan LONDON, May 30 (Reuters) – OPEC+ is working on a complex deal to be agreed at its meeting

(Bloomberg) — OPEC+ extended its oil supply cutbacks to the middle of the year in a bid to avert a global surplus and shore up prices.  The curbs —

By Maha El Dahan and Alex Lawler DUBAI, March 3 (Reuters) – Some OPEC+ members agreed on Sunday to extend voluntary oil output cuts into the second

By Olesya Astakhova, Alex Lawler and Ahmad Ghaddar LONDON/MOSCOW, Feb 27 (Reuters) – OPEC+ will consider extending voluntary oil output cuts into the