The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...
OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to ...
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Power Lunch' to discuss OPEC+ output increase, ...
Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...
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 ...
Nigeria’s oil production surged in February, exceeding its OPEC quota of 1.5 million barrels per day by 70,000 bpd, and ...
OPEC and its allies’ decision to raise crude oil production from April seems more like a move to please US President Donald ...
Crude oil prices rebound but remain under $70 as rising U.S. inventories and OPEC+ output hikes pressure the oil outlook. U.S. crude stockpiles surged by 3.6M barrels, raising concerns over weak oil ...
OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S.
OPEC and allies, known as OPEC+, agreed in December to defer the start of output rises by three months until April and extend the full unwinding of cuts until the end of 2026 due to weak demand and ...
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