The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...

Berkshire Hathaway fell 5.5% for one of the market’s bigger losses. Legendary investor Warren Buffett announced over the ...

U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

Oil futures fell after OPEC+ agreed to bring back another 411,000 barrels a day of production in June, further accelerating the unwinding of cuts.

Brent tumbled by as much as 4.6 per cent towards US$58 a barrel. Read more at straitstimes.com. Read more at straitstimes.com ...

The ISM data may factor into how Fed officials approach their upcoming rate decision this week. Despite ongoing pressure from ...

OPEC+'s June hike is part of a broader plan to gradually unwind production curbs totaling 2.2 million barrels a day. Last month, the group stunned the market by announcing an increase of 411,000 ...

Crude oil prices fell to a multi-year low on Monday as OPEC+ confirmed plans to continue unwinding production cuts, ...

Dow Jones Industrial Average futures (YM00) were down around 270 points, or 0.7%, as of 10 p.m. Eastern. S&P 500 futures (ES00) and Nasdaq-100 futures (NQ00) were off about 0.8%.

DUBAI: The Organisation of Petroleum Exporting Countries (Opec) has agreed to accelerate oil production hikes for a second ...