For years, OPEC+—a 22-nation group—held back millions of barrels to maintain market stability. But analysts say the cartel is ...

Dubai: Oil prices may continue to face downward pressure in the near term after OPEC+ confirmed another production increase for June. The decision, announced over the weekend, will see the group raise ...

Kuwait's Oil Minister Tareq Al-Roumi stresses the importance of stabilizing oil markets during the OPEC+ video conference.