Global shares have fallen and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up geopolitical ...

Oil prices jumped by about 3% on Monday after producer group OPEC+ kept output increases in July at the same level as the ...

The crude oil market devotes considerable energy to what OPEC+ says, but perhaps a little less to what it actually does when ...

Oil prices rebounded more than $1 a barrel on Monday after producer group OPEC+ decided to increase output in July by the ...

Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day (mb/d) ...

The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...

When Prince Abdulaziz bin Salman was appointed Saudi Arabia’s energy minister six years ago, he vowed to heed even the ...

If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...

A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with ...

OPEC+ agreed to surge oil output for the third month in a row despite reservations from key member Russia, doubling down on a ...

Meanwhile, analysts polled by Reuters expect global oil demand to grow by an average of 775,000 barrels per day in 2025, with ...