OPEC+ is expected to keep its pause on oil output increases for March at a meeting on Sunday, three Opec+ delegates told Reuters, with prices rising due to a drop in Kazakhstan’s oil production.

This weekend’s OPEC+ meeting is set to be a non-event, with the group expected to keep output levels unchanged. In Brazil, domestic media reports suggest that the US government is looking to prepare ...

'OPEC+ has demonstrated it still has pricing power', Ole R. Hvalbye, a commodities analyst at Skandinaviska Enskilda Banken AB (SEB) said. Image by Dragon Claws via iStock In an oil report sent to ...

1517 ET – Oil futures settle lower with expectations of further OPEC+ production increases in July outweighing the easing of trade tensions between the U.S. and the EU, which lifted equities. “Despite ...