OPEC+ jolted markets by announcing it would flood the market with more oil.

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...

U.S. stocks closed lower after President Donald Trump said in social media posts he sent letters to Japan and Korea notifying ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

OPEC+ has surprised markets with a sharp output increase, citing strong demand and low inventories, and plans to fully unwind ...

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Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...