OPEC Plus is considering another significant oil production increase for July after announcing previous increases for May and June, with a final decision expected on June 1st.

The group’s previous decision to boost output helped push oil prices down. Now, one option under discussion is a 411,000 ...

OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...

Crude oil futures and Brent both declined by 1.6% amid reports from Bloomberg that OPEC+ may decide to increase oil ...

OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Energy stocks are under pressure, but I see this as a setup for long-term opportunity in select names. Read why I'm bullish ...

Oil prices have slumped this year. WTI, the primary U.S. oil price benchmark, has fallen more than 10% this year to the ...

Since he returned to the Oval Office the benchmark West Texas Intermediate oil price has fallen from $80 a barrel to $60 (see ...

The ultimate depth and duration of this current price environment remains unclear,” said ConocoPhillips chairman and CEO Ryan ...

Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing ...