7 OPEC+ nations announce second straight 188,000 bpd output increase for July

Jun 07, 2026

Seven OPEC+ countries have announced a second consecutive monthly increase in oil production, agreeing to raise output by 188,000 barrels per day (bpd) in...

OPEC+ committee advises alliance not to accelerate oil production increase

Nov 04, 2021

Vienna [Austria], November 4 (ANI/Sputnik): The OPEC+ committee recommended the alliance not to accelerate the increase in oil production, and to boost it in...

OPEC+ agrees to increase output by 500,000 barrels a day in January

Dec 04, 2020

Vienna [Austria], December 4 (ANI/Xinhua): The Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC countries decided at a meeting on Thursday to increase...

US considers OPEC decision to increase oil production 'not right': Special Envoy

Apr 01, 2022

Washington [US], April 1 (ANI/Sputnik): The United States believes the Organization of the Petroleum Exporting Countries' (OPEC) decision to continue increasing production was "not...

US urges oil, gas producers, OPEC to increase Output: Department of Energy

Jun 20, 2022

Moscow [Russia], June 20 (ANI/Sputnik):The United States is calling on all oil and gas producers, including the OPEC club of the largest oil exporters,...

Fitch Ratings adjust oil and European gas price assumptions for 2024 and 2026

Dec 09, 2023

Fitch Ratings has revised its near-term oil and European gas price assumptions, citing OPEC+'s sustained control over supply and ongoing dynamics in the energy...