The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

Oil prices rose 2% on Wednesday, as U.S. government data showed tighter-than-expected oil and fuel inventories, though ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

OPEC+ is still weighing its Q2 oil production plans, according to eight OPEC+ sources who spoke to Reuters this week ...

The Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging mounting economic uncertainty amid trade tensions. The ...

The increase in oil output comes as President Trump has called on OPEC countries to “cut the price of oil.” The Trump administration has repeatedly engaged with Saudi Arabia. The president’s ...

LONDON (Reuters) -OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S. President Donald Trump renewing pressure on OPEC and ...

Global indications suggest that OPEC is no longer able to effectively manage its six million barrels of surplus oil stocks. Over the past several months, the organization has delayed its decision to ...

(Bloomberg) -- OPEC’s crude production rose to the highest ... Iraqi supply recovered after a fire at its biggest oil field, while Venezuela bolstered exports ahead of tighter US restrictions ...