While production will rise in June, the group emphasized flexibility, noting that future adjustments could be paused or ...

The Opec+ alliance of oil-producing countries has agreed to increase production for a second month in a row in June, the ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

West Texas Intermediate futures fell almost 2% to trade around $58 a barrel, continuing a slide this week that has brought prices near the lowest since early 2021. Key OPEC nations are considering ...

Eight OPEC+ countries meeting on Saturday will likely agree a further accelerated oil output hike for June, four sources with ...

Oil Suffers Monthly Loss as Trump's Tariffs Make Beijing Request Negotiations With U.S.

Crude oil fell to end a second straight weekly loss, as key OPEC+ members reportedly discuss another production increase of ...

ShareOil prices dipped yesterday as traders’ squared positions ahead of a meeting by the Organisation of Petroleum Exporting ...

OPEC+ heads into its May 5 meeting with oil prices under renewed pressure and member countries divided over whether to accelerate production increases, leaving oil prices poised for swing lower or a ...

Oil prices finished lower on Friday, failing to find support from a rally in the U.S. stock market, as [various news reports said]( ...

Crude futures posted back-to-back weekly losses as the market awaits the outcome of the OPEC+ weekend meeting.