OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to ...

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

For import-reliant Asia, the Opec+ output rise is a welcome development. Markets are still on edge over US-China trade ...

Saudi oil giant Aramco , a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to ...

Falling oil prices help achieve a key pledge of Trump’s campaign — to lower inflation — and are generally good for the economy writ large and popular with voters. But now that the U.S. is the world’s ...

The Organisation of the Petroleum Exporting Countries’ oil output edged lower in April despite a scheduled output hike taking ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...

The Organization of Petroleum Exporting Countries (OPEC) has reported a decline in Nigeria’s oil production following its ...

LONDON (Reuters) -OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed U.S. attempts to curb the ...