The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

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

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

A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude ...

Brent crude futures fell 80 cents, or 1.2%, to $67.50 a barrel by 0010 GMT, while US West Texas Intermediate crude was at $65 ...

Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...

U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...

Oil prices slipped more than 1% on Monday after OPEC+ surprised markets by hiking output more than expected in August, ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...