In a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy ...

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...

Russia's crude oil shipments have dropped to their lowest level since February, as rising refinery runs outpace production, ...

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on OPEC+’s decision to boost oil production by 548,000 barrels a day starting in August. He highlights how this increase, covered by ...

Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...

OPEC-member Nigeria has seen a withdrawal of oil majors from onshore and shallow water fields that have been taken over by ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

Oil reversed an early drop on Monday despite a larger-than-expected supply increase by OPEC+ for August that was announced at ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...

The increased production could contribute to lowering prices, as experts say it will shift the market such that supply ...