The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

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

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

DUBAI: The Organisation of Petroleum Exporting Countries (Opec) has agreed to accelerate oil production hikes for a second ...

Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) ...

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Falling crude prices will eventually translate into lower prices at the gas pump for consumers, but that doesn’t mean its all good news ― especially for Texas-based oil producers. On Monday, global ...

Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million ...

The top 5 commodity futures to trade right now including oil, gold, and natural gas. Learn what's driving the market in 2025.

Quota violations are common in Opec. Saudi leverage comes from spare capacity, used to discipline non-compliant members ...