As OPEC+ debated whether to keep oil output steady due to weak global demand or pump more in response to internal pressure ...

OPEC+ decided to increase oil output for the first time since 2022, influenced by record production in Kazakhstan. The ...

Kazakhstan intends to compensate for the overproduction of oil ahead of schedule from January 2024 within the OPEC+ deal, the press service of the country's Energy Ministry said. "Kazakhstan will take ...

OPEC+ has once again confounded expectations. Traders and analysts at a London industry event last week were nearly unanimous ...

Crude and condensate production rose 13% in February to 2.12M bpd, driven by the Tengiz field expansion despite OPEC+ curbs.

OPEC and its allies are once again faced with a difficult choice next week--extend production cuts or increase its own market ...

The country is ready to settle disagreements and has always been open for talks with Western oil companies over arbitrations, ...

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...

UAE affirms commitment to full conformity with additional voluntary production adjustments approved by OPEC+ ...

Iraq and seven OPEC+ member states convened virtually on Monday to assess the state of the global market and its prospects.

Kazakhstan intends to compensate for the overproduction of oil ahead of schedule from January 2024 within the OPEC+ deal, the press service of the country's Energy Ministry said.