OPEC+, an alliance between the Organization of the Petroleum Exporting Countries (OPEC) and a group of non-OPEC oil-producing countries, including Russia, Mexico, and Kazakhstan, said on Sunday ...

However, Book and other analysts cautioned that OPEC's announcement could turn out less impactful than feared. Last fall, the oil cartel announced a production cut of 2 million barrels per day ...

Big moves, if not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. The cartel, ...

Oil prices are defying the odds right now, rising despite a near-certainty that the oil market will be oversupplied in a ...

“The Fed sees OPEC decisions as mostly geopolitical ... Ultimately, the volatility of oil prices mean they are just too difficult to track, said James Bullard, president of the Federal Reserve ...

Images: Shutterstock/Getty Images Composite: Mark Kelly Oil prices rose Monday on news that the Organization of the Petroleum Exporting Countries (OPEC) and its allies may agree on Wednesday to ...

OPEC’s decision to cut production quotas by 2 million barrels a day could mean bigger profits for oil companies, higher gasoline prices and new headaches for Democrats as the midterm election ...

OPEC will slash oil supply by 2-percent. So, what does that mean for you? According to OPEC, we’re going to be seeing around the world two million less barrels of oil per day. While that sounds ...

Last month, OPEC, a group of oil exporting developing nations, lowered the cap on Angola’s oil production. Now, the country says it will leave OPEC. Oil production in Angola has been falling for ...

If the United Arab Emirates left OPEC, what would it mean for oil? If the United Arab Emirates (UAE) left OPEC, it would not mean a lot for global oil markets immediately, according to Matthew Bey ...