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

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has ...

The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...

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.

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...

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

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...

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

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices.