OPEC MOMR: OPEC’s crude oil production fell to 28.797 million bpd in March. OPEC’s 13 members produced 86,000 fewer barrels per day of crude oil in the month of March compared to February.

OPEC shocks traders with a 548,000 bpd supply hike, setting a bearish tone for crude oil futures heading into next week. Iran’s nuclear commitment and Israel-Iran ceasefire remove risk premiums ...

Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6%. The increase was much more than expected and starts in May.

OPEC’s crude oil production continues to lag behind its designated quotas, and fell in November by 744,000 bpd, its most recent Monthly Oil Market Report showed.

OPEC and its allies, including Russia, agreed on Sunday to widen crude oil production cuts to 3.66 million barrels per day (bpd) or 3.7% of global demand.

OPEC crude-oil production ticked up last month, even as the global market continued to rebalance on the back of the group’s agreement to cut output, the cartel said Thursday.

Energy OPEC boosts oil production as gas prices soar The consortium plans to add 648,000 barrels per day in July and August, reversing historic drawdowns ...

Global oil prices, which soared in the first half of the year, have since dropped sharply on fears that a global recession will depress demand. Brent crude is down 20% since the end of June.

Top oil producers Saudi Arabia and Russia are considering pausing their planned efforts to ramp up oil production, according to The Wall Street Journal, after the U.S. and other energy-consuming ...

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement which had a large output hike planned for last month. All 12 OPEC members produced 26.75 million barrels ...

Oil prices fell on the agency’s announcement US commercial crude oil inventory was sitting at 447.2 million barrels. The EIA also added gasoline production was averaging 9.4 million barrels a day.