LONDON/MOSCOW (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 ...

April 3 (UPI) --Eight OPEC oil-producing nations Thursday agreed to boost crude oil production beginning in May. OPEC said in a statement that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan ...

“This comprises the increment originally planned for May in addition to two monthly increments,” OPEC said today, yet again surprising the market with a larger-than-expected supply hike in Ma ...