OPEC+ is expected to keep its pause on oil output increases for March at a meeting on Sunday, three Opec+ delegates told Reuters, with prices rising due to a drop in Kazakhstan’s oil production.

This decline mirrors the broader downturn in global oil prices and the OPEC basket, underscoring Iran’s vulnerability to market-wide pressures. Over the full year, Iranian heavy crude averaged $69.50 ...

OPEC+ will likely raise oil output again in November as the group continues its strategy to reclaim global market share, according to people familiar with its plans. Image by Torval Mork via iStock ...