Kazakhstan has informed OPEC that it does not intend to reduce its oil production, Russia's Interfax news agency cited ...

Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to ...

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Despite bearish demand signals and rising global supply, U.S. oil production continues to grow, raising the possibility of a ...

Kazakhstan is unable to reduce its oil production due to its lack of authority over Western-run oilfields, undermining OPEC+ ...

Saudi Arabia and its partners have discussed another large output hike, even as prices slide and demand wavers.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.15 during the Asian trading hours on Thursday. The WTI price edges higher on supply concerns after OPEC+ agreed to ...

Crude oil futures rose as concerns about global supply helped offset anticipation that OPEC+ could soon agree to another increase in production.

OPEC+ pumps about half the world's oil and has agreed three layers of output cuts since 2022 to support the market ...

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.64 per barrel, ...

The more-active NYMEX July RBOB contract was off by 1.8cts to $2.0455/gal and June RBOB was down by 2.35cts to $2.066/gal. The NYMEX July ULSD contract was 2.9cts lower to $2.0415/gal and June ULSD ...

Oil futures rebounded from the previous day’s selloff as the OPEC and non-OPEC ministerial meeting ended with agreement to keep quotas in place through 2026.