OPEC+ | Omanet

OPEC+ is leaning towards resuming oil output increases from April, aiming to meet peak summer demand amid US-Iran tensions boosting

OPEC+ plans to maintain its pause on oil output increases for March, with Brent crude near $70 amid concerns over

Oil prices hit seven-week highs as Iran cracks down on protests, risking export declines. Venezuela's expected export resumption limits gains.

OPEC+ is expected to keep oil output steady despite tensions between Saudi Arabia and the UAE, and U.S. capturing Venezuela's

Oil prices dropped on Wednesday, with an annual decline of nearly 20%. Brent crude futures fell about 19% in 2025,

Oil prices dipped on Thursday, following a rise in US crude inventories that raised concerns about oversupply. Brent crude remained

Oil prices rose on Thursday, easing oversupply concerns after hitting two-week lows. Brent crude futures increased by 24 cents to

Saudi Arabia, Russia, and six other OPEC+ members plan a slight oil production hike in a virtual meeting, continuing their

OPEC Secretary General Haitham Al Ghais emphasized the need for increased investment in oil and gas, forecasting that oil will

The International Energy Agency warns of a 2026 oil surplus of up to 4 million bpd, as Opec+ ramps up

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