The Organization of the Petroleum Exporting Countries (OPEC) and its allies such as russia, known as OPEC+, have decided to ...

Oil futures fell Tuesday, building on losses seen the previous session after the Organization of the Petroleum Exporting ...

Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and ...

This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted.

While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...

The market perceived the distancing of the U.S. and Ukraine as a signal of a possible easing of the war, subsequently leading ...

At the same time, OPEC's policy on production increases remains flexible. "This gradual increase may be paused or reversed subject to market conditions. This flexibility will allow the group to ...

Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand ...

Iraq and seven OPEC+ member states convened virtually on Monday to assess the state of the global market and its prospects.

OPEC Plus says it will go ahead with its plan to increase crude-oil supply. The decision by the oil-producing group of ...

Crude oil prices have been pretty quiet so far this year. WTI, the primary U.S. oil price benchmark, has hovered around $70.

Growing concerns over demand are weighing on the oil market's outlook amid OPEC+ supply dynamics and U.S. tariffs, ING ...