OPEC+

OPEC+

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

OPEC+ agrees in principle on small oil output quota hike without UAE, sources say

The increase is similar ​to last month's hike of 206,000 ​bpd minus the share of the United Arab Emirates, which in a surprise announcement this ​week said it would leave the group​from 1 May.

A model of an oil pump is seen in front of a Russian flag in this illustration taken January 9, 2026. Photo: Reuters

Russia says OPEC+ will continue after UAE exit, no price war expected

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen inside its headquarters in Vienna, Austria, 7 December, 2018. Photo: Reuters

What UAE’s exit from OPEC means for global oil markets

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration

UAE leaves OPEC and OPEC+ in major blow to global oil producers' group

Opec+ agrees to boost oil output when Strait of Hormuz reopens

Opec+ agrees to boost oil output when Strait of Hormuz reopens

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

OPEC+ agrees to boost oil output when Strait of Hormuz reopens

People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. Photo: REUTERS/Maxim Shemetov/File Photo

OPEC+ debates oil output boost as US war on Iran disrupts shipments

A view shows oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. Photo: REUTERS/Stringer/File Photo

OPEC+ pauses oil output hikes beyond December amid glut fears

A flame rises from a chimney of an oil field in Iraq's Kurdistan region, August 16, 2014. Photo: REUTERS/Azad Lashkari/File Photo

Oil prices slip as Kurdistan resumes crude exports, OPEC+ plans output hike

A view shows a pressure gauge near oil pump jacks outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. Photo: REUTERS/Stringer/File Photo

Oil rises on modest OPEC+ output hike, Russia supply concern

People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. Photo: REUTERS/Maxim Shemetov/File Photo

Oil gains on prospect of more sanctions on Russia; OPEC+ output hike seen modest

People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. Photo: REUTERS/Maxim Shemetov/File Photo

OPEC+ will likely raise oil output further from October: sources

Oil tumbles as OPEC+ hikes August output more than expected

Oil tumbles as OPEC+ hikes August output more than expected