OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction ...

Cheap crude is fueling growth in major importing nations like India, which is increasingly relying on discounted Russian oil.

OPEC+ shocked the market earlier this month with plans to ramp up crude output, setting oil prices up for their worst monthly ...

Oil edged lower in the early morning Asian session amid supply concerns ahead of OPEC+ meeting on Monday.

Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...

Oil futures were lower with the market on edge about whether OPEC and allies will decide Monday on another large production increase for June.

Crude oil prices were mostly flat by midday Thursday, regaining its footing after three consecutive days of sharp losses as market participants assessed oversupply risks due to higher OPEC+ production ...

A demand outlook clouded by trade disputes between the U.S. and China coupled with OPEC+'s decision to unwind supplies will ...

Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...

West Texas Intermediate oil futures are falling 3%, taking the front-month contract to less than $57 a barrel after Reuters reported that [Saudi Arabia was unwilling to continue propping up the market ...

Opec+ members have been holding back production for the past three years, cutting their combined output by almost 6mn b/d in ...

Crude oil prices are headed for their worst monthly drop since 2021 as fears over a global economic downturn and demand shock as a result of tariffs come as the supply of oil is about to surge.