OPEC+ oil-producing countries will likely agree a further hike in their output targets from September when they meet on August 2, three sources say, even though the US war with Iran is again hindering ...

OPEC+ seven members meet on August 2 Iran war pushes oil back to $100 a barrel Red Sea threats raise Gulf export concerns MOSCOW/LONDON, July 23 - OPEC+ oil-producing countries will likely agree a ...

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OPEC+ has agreed to a further increase in output targets from August, the group said in a statement on Sunday, adding to global supply at a time when oil prices are falling amid the gradual reopening ...

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OPEC+ agreed on Sunday to a fourth increase in its oil output targets in as many months, even though the U.S. war with Iran is still preventing several of the group's members from pumping more. The ...

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Hyundai Motor Co. plans to ramp up US production and cut expenses to shield the South Korean carmaker from tariffs that are eating into profit in its biggest market. “Tariffs are hurting,” Chief ...

The Middle Eastern producers may need up to two years to restore their oil and gas output to the levels from before the war, according to Fatih Birol, the executive director of the International ...