OPEC+ countries agreed to maintain group-wide oil output quotas for 2026 in a meeting on Sunday, and also agreed on a mechanism to assess members' maximum oil production capacity, OPEC said in a ...
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The Organization of the Petroleum Exporting Countries and its allies agreed to raise oil output further next month, despite broader concerns about a looming supply glut. After an online meeting Sunday ...
Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand. By Stanley Reed Eight countries that belong to the oil cartel known as ...
WASHINGTON, June 17 (Reuters) - U.S. factory production barely rose in May as a surge in motor vehicle and aircraft output was partially offset by weakness elsewhere, and the outlook for manufacturing ...
US industrial production fell in May for the second time in three months as utility output declined and manufacturers struggled for traction against a backdrop of cooler demand. The 0.2% decrease in ...
U.S. crude oil futures rose about 3% on Monday after OPEC+ increased production at a steady rate, easing investor fears that the group might boost output even faster. West Texas Intermediate futures ...
A Türkiye-backed cyberespionage group exploited a zero-day vulnerability to attack Output Messenger users linked to the Kurdish military in Iraq. Microsoft Threat Intelligence analysts who spotted ...
Crude oil markets took a fresh hit this weekend after OPEC+ stunned traders by announcing a larger-than-expected output increase for June. In a virtual meeting on Saturday, key producers led by Saudi ...
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