Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...
The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to "the healthy market ...
Oil prices are under pressure with ICE Brent settling more than 1.6% lower yesterday. This follows news that OPEC+ is ...
Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and as markets ...
OPEC+ has finally decided to go through with its long-delayed oil production increase, adding about 138,000 barrels per day ...
Referring to Trump's request in January that OPEC increase output in order to lower oil prices, Tariq Zahir, managing member at Tyche Capital Advisors, told media the cartel and its allies "want to ...
OPEC+, which includes OPEC members plus Russia and other allies, has been cutting output by 5.85 million barrels per day (bpd), equal to about 5.7% of global supply, agreed in a series of steps since ...
OPEC+ output cuts have been in place for a long period of time, but continued demand growth makes OPEC+ relevant for years to ...
Libya plans its first bidding round for oil exploration in more than 17 years, Masoud Suleman, acting Chairman of the ...
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