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U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
Crude oil futures settled at the lowest levels in more than four years after the decision by OPEC+ to accelerate its ...
Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output ...
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
Asian session after the U.S. reached a truce with the Houthis in Yemen and said it would suspend its airstrikes there.
Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...
Quota violations are common in Opec. Saudi leverage comes from spare capacity, used to discipline non-compliant members ...
Crude oil futures rebounded Tuesday in a move analysts saw as a technical rebound from the prior session's losses, likely with a significant amount of profit taking out of short holdings. Prices also ...