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

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 ...

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

OPEC+ jolted markets by announcing it would flood the market with more oil.

However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...

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

Oil prices edged up to a two-week high on Tuesday as positive U.S. economic news, lower U.S. oil production and rising demand for oil products countered OPEC+ output increases and worries U.S.

Oil prices rebound as tight supply offsets OPEC+ output hike. Traders eye $67.58 for crude futures breakout amid bullish oil ...

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

Oil declined after OPEC agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.

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

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...