A group of OPEC+ members met Sunday and agreed to increase their oil output once the Strait of Hormuz is reopened. The plan is set to be implemented in May, and the countries said they would plan to ...

Companies are scrambling to deal with the glut. Credit...Mojo Wang Supported by By Mike Isaac and Erin Griffith Reporting from San Francisco When a financial services company recently began using ...

OPEC+ agreed on Sunday to raise its oil output quotas by 206,000 barrels per day for May, a modest rise that will largely exist on paper as its key members are unable to raise production due to the ...

OPEC+ agreed on Sunday to raise its oil output quotas by 206,000 barrels per day for May, a modest rise that will largely exist on paper as its key members are unable to raise production due to the ...

Petronas is working with the relevant authorities to secure domestic supply while accelerating efforts to raise crude oil production. Vice-president of upstream development, Nazlee Rasol, said ...

The Organization of the Petroleum Exporting Countries (OPEC) has agreed to increase oil output quotas by 206,000 barrels per day for May, a rise that is largely symbolic as some of its key members are ...

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. AMD AI director says Claude Code lost performance in a February 2026 update Claude Code "cannot ...

Egypt - Minister of Petroleum and Mineral Resources Karim Badawi discussed boosting cooperation with SLB, formerly known as Schlumberger, on implementing horizontal drilling technologies to increase ...

MOSCOW/LONDON: OPEC+ agreed on Sunday (Apr 5) to raise its oil output quotas by 206,000 barrels per day for May, a modest rise that will largely exist on paper as key members are unable to increase ...

OPEC+ eight members to raise quotas by 206,000 bpd for May US-Iran war largely shuts oil traffic via Strait of Hormuz War leads to worst ever oil supply disruption Tanker loaded with Iraqi crude ...