Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...
The decision is a serious negative for the oil market, given that oil demand is rising too slowly to sop up all of the extra ...
Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...
Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...
While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...
Crude oil futures drop as OPEC+ plans gradual production increase, impacting global oil market and commodity trading trends.
OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S.
A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...
OPEC+ has finally decided to go through with its long-delayed oil production increase, adding about 138,000 barrels per day ...
Oil slumps as OPEC+ boosts production and U.S. tariffs hit demand. Traders eye support levels as supply fears and trade war tensions weigh on crude oil outlook.
The bloc and its allies, collectively known as Opec+, are set to begin unwinding 2.2m barrels per day worth of production ...
This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted.