After lots of saber-rattling in recent weeks, the U.S. and Israel launched military strikes against Iran over the weekend. The escalating conflict could significantly impact the oil market. Several ...

LONDON/MOSCOW, March 1 (Reuters) - OPEC+ agreed a modest oil output boost of 206,000 barrels per day for April on Sunday just ...

Oil markets are bracing for sharp price spikes after the US-Israel attacks on Iran and Tehran's retaliation. Iran's role as a major producer matters, but its strategic position is keeping traders on ...

Iran war forces OPEC nation to limit oil production as bottleneck in the Straits of Hormuz grows - The 10th largest oil producer in the world is looking at slowing down production amid continued strik ...

Saudi Arabia led a big ‌increase in OPEC oil output in the month ahead of U.S. and Israeli strikes on Iran, a Reuters survey ...

The U.S.-Israeli attack raises the risk of major oil supply disruption. Iran is the fourth-largest OPEC producer and sits on ...

The cartel pledged to increase output by 206,000 barrels a day from next month, and said that members would “closely monitor and assess market conditions.” ...

OPEC+ has a history of raising oil output to cushion disruptions, but analysts said the group currently has little spare capacity to add to supply.

Producers' group reacts as the Middle East crisis threatens to fan a geopolitical risk driven oil price spike in a market ...

OPEC Plus Group on Sunday agreed to increase oil output by 206,000 barrels per day during the upcoming month of April.Representatives of the eight member s ...

Major oil producing nations have pledged to raise production starting in April. The move comes amid fears that conflict in Iran, which has choked off the critical Strait of Hormuz energy shipping ...

International oil benchmarks were rallying early Friday to end a blockbuster week.