The eight key members of the OPEC+ alliance, including Saudi Arabia and Russia, on Sunday said they had agreed a further slight hike to their oil production.

Brent crude oil prices are forecast to trade at $60-$65 a barrel in 2026, MBSB Research analysts write in a report. Oil supply is projected to rise by an additional 2.4 million barrels a day next year ...

Eight member countries of OPEC and OPEC+, including Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman, decided to drastically reduce production increases in the fourth quarter ...

Petrol and Diesel Prices on November 3, 2025: OMCs update petrol and diesel prices daily at 6 AM, aligning them with fluctuations in global crude oil prices and currency exchange rates. This daily ...

The Organisation of the Petroleum Exporting Countries and its allies, known as OPEC+, agreed on Sunday to raise output by 137,000 barrels per day in December, the same as for October and November.

OPEC+ managed to both meet market expectations and deliver a surprise by agreeing to a small rise in crude oil output for December, but then pausing for the first quarter of next year.

Oil prices climbed in early Asian trade on Monday after OPEC+ decided to hold off production hikes in the first quarter of ...

The average landing cost of imported premium motor spirit has dropped to N829.77 per litre, a price lower than the ex-depot ...

Crude oil prices have slumped around 15% year to date amid a production boost by the OPEC+ countries. The eight nations of OPEC+ announced Sunday they will pause oil-production hikes in the first ...

According to Reuters' industry sources, the shift marks a notable change for Turkey — one of the main buyers of Russian oil, ...

The cushion could protect the country from any short-term supply disruptions related to new U.S. sanctions on Russian crude.