Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

The decision is a serious negative for the oil market, given that oil demand is rising too slowly to sop up all of the extra ...

Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...

Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...

Crude oil futures drop as OPEC+ plans gradual production increase, impacting global oil market and commodity trading trends.

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...

The US EIA forecasts Brent crude prices to average $74 per barrel in CY25, down 8 per cent Y-o-Y and to decline to $66 per ...

“The current downward trend in oil prices is primarily driven by OPEC+’s decision to increase output and the introduction of ...

The bloc and its allies, collectively known as Opec+, are set to begin unwinding 2.2m barrels per day worth of production ...

Oil prices extended losses on Tuesday after reports of OPEC+ plans to proceed with output increase in April while further ...

The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to "the healthy market ...

Eight OPEC+ member countries will go forward with plans to increase oil production amid President Donald Trump’s calls for reducing the cost of oil. The organization, headed by Saudi Arabia and Russia ...