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 ...

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 ...

Dow Jones Industrial Average futures (YM00) were down around 280 points, or 0.7%, as of 11 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 ...

Top oil producers, members of OPEC+, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies ...

As Saudi Arabia’s Prince Abdulaziz bin Salman addressed his OPEC+ counterparts on a video call to ratify the group’s second huge supply increase in as many months, he invoked a surprising historical ...

OPEC+ announces a 411K barrel-per-day oil output boost for June despite falling prices, signaling a bold strategic shift.