Latest News Updates From Salma El Wardany and Grant Smith

BusinessFuel

OPEC+ to Discuss Fast-Tracking Return of Halted Production

Saudi Arabia and its partners will review the expedited return of the remainder of a 1.66 million barrel-a-day supply tranche when they meet on Oct. 5.

September 30, 2025
GovernmentBusinessFuel

OPEC+ Supply Hikes Enough to Prevent Market Overheat, Oman Says

OPEC and its allies don’t want crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,” Oman’s oil minister said.

January 11, 2022