Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...

Oil prices are under pressure with ICE Brent settling more than 1.6% lower yesterday. This follows news that OPEC+ is ...

Opec+ nations have reaffirmed their December decision to proceed with a gradual and flexible return of the 2.2 million bpd ...

Brent futures were down 90 cents, or 1.26%, to $70.72 a barrel at 0827 GMT while U.S. West Texas Intermediate (WTI) crude was ...

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 ...

Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April, ...

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 ...

The UAE has reaffirmed its commitment to oil market stability and to complying with the additional voluntary adjustments ...