OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

U.S. and global benchmark crude-oil prices touched their lowest levels since February 2021 on Monday after members of the Organization of the Petroleum Exporting Countries and its allies agreed to ...

Brent crude could dip below $50 a barrel by the end of the year if OPEC+ continues to accelerate production hikes, DNB Markets said.

Plus: Liberal leadership race begins after defeat; Trump dodges on upholding Constitution with ‘I don’t know’; Israel vows ...

5 (Xinhua) -- Eight member countries of the OPEC+ oil-producing group decided Thursday to extend their voluntary output cuts by two months ... Exporting Countries (OPEC) and its allies.

Prices fell 2% in the previous trading session after Reuters reported that several OPEC+ members will suggest the group accelerates oil output increases for a second ... a prolonged U.S.-China trade ...

At the same time, OPEC’s latest compensation plan supports oil prices. Eight member countries, including Iraq and Russia, will implement a combined production cut of 4.57 million barrels daily ...