Oil prices slipped on Friday but were on track for their first weekly gain in three weeks after U.S. President Donald Trump ...

More than two dozen banks have cut their 2025 forecasts for oil prices in the wake of OPEC's move to accelerate production ...

Saudi Arabia, the world's biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in ...

Banks are cutting estimates for the average oil price this year to below $60 a barrel amid production hikes from OPEC+ and ...

Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...

The price cut by Saudi Arabia, key oil producer within OPEC+ - the oil producing group that includes members of the ...

Stock markets in the Gulf were mixed early on Wednesday, with U.S. President Donald Trump's duties on steel and aluminium ...

Saudi Arabia lowered the July price of its Arab Light crude for Asian buyers after OPEC+ decided to accelerate output hikes.

The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...

Some of Monday’s strongest action was in the oil market, where the price of crude spurted more than 3%. The countries in the ...

U.S. stocks are drifting, as momentum slows following their sprint through May, which was their best month since 2023.

OPEC+, the cartel of oil producers, agreed over the weekend to crank up production. Instead of falling, Brent crude prices ...