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

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

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

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

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 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 ...

Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...

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

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

OPEC was formed by five petroleum-rich countries in 1960. At the time, the global oil market was dominated by a group of multinational, Anglo-American companies known as the “Seven Sisters.” ...