News

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of ...
Oil prices fell on Wednesday as traders eyed a potential jump in U.S. crude inventories, awaiting official weekly data later ...
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
President Donald Trump appears to prefer US oil prices between $40 and $50 a barrel, according to Goldman Sachs Group Inc., ...
Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) ...
Brent crude futures fell 64 cents to $65.99 a barrel by 0934 GMT, while U.S. West Texas Intermediate crude slipped 64 cents ...
OPEC+ shocked oil markets in April by agreeing a bigger-than-expected output hike for May despite weak prices and slowing ...
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
As OPEC plans a major production increase, Trump touts falling fuel costs—but US oil producers warn of job cuts, rig ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...