Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the ...

U.S. light crude oil prices fell more than $1 a barrel in early trade in New York on a possible increase in production by ...

OPEC+ will likely approve another oil output hike on Sunday, sources familiar with the discussions said, adding that the ...

Saul Kavonic from MST Marquee discusses how OPEC+'s decision to either maintain market discipline or pursue market share ...

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OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...

Exxon Mobil second quarter profit sinks to lowest level in 4 years as OPEC ups production and energy prices slide.

OPEC 12 output for May 2025 was revised lower by 6 kb/d and April 2025 output was revised lower by 2 kb/d compared to last ...

The group’s message from its biennial gathering in Vienna is that the “energy transition” will lean on hydrocarbons for ...

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...

OPEC announces cuts to oil production Oil markets shuddered after a surprise announcement this weekend that Saudi Arabia and other oil-producing countries would cut their output of crude oil ...

The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change to the supply and demand outlook in its monthly market report.