On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Morgan Stanley analysts on Sunday said Saturday's announcement by OPEC+ that it will increase June output by 411,000 b/d for a second straight month will widen the supply surplus this year and next, ...

Exxon, Chevron, Shell, and TotalEnergies are sticking to aggressive production growth plans—even as profits decline and oil ...

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Saudi Arabia and some other members see President Trump — for now — as more invested in lower prices than in what's ...

"OPEC+'s rubric is not satifying all of its members equally," Ed Bell, chief economist and head of research at Emirates NBD ...

The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...