Oil prices rebounded more than $1 a barrel on Monday after producer group OPEC+ decided to increase output in July by the ...

Asian shares have fallen and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up geopolitical ...

The crude oil market devotes considerable energy to what OPEC+ says, but perhaps a little less to what it actually does when ...

Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day (mb/d) ...

The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...

When Prince Abdulaziz bin Salman was appointed Saudi Arabia’s energy minister six years ago, he vowed to heed even the ...

Oil prices rebounded more than $1 a barrel in early Asian trade on Monday after OPEC+ decided to increase output in July by ...

If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...

OPEC+ agreed to surge oil output for the third month in a row despite reservations from key member Russia, doubling down on a ...

A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with ...

Meanwhile, analysts polled by Reuters expect global oil demand to grow by an average of 775,000 barrels per day in 2025, with ...

In a bold move that underscores a major strategic shift, OPEC+ agreed to ramp up oil production for a third consecutive month ...