The major oil producers known as OPEC+ did exactly what U.S. President Donald Trump has been asking for — and American ...

Oil prices rose over 1% on Friday and were set for their first weekly gains since mid-April as a U.S. trade deal with United ...

Tighter U.S. sanctions on Iran could restrict supply and push prices higher. Sanctions on two small Chinese refiners for ...

Oil prices rose around 1% on Friday and were set for their first weekly gains since mid-April as a U.S. trade deal with ...

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

Trump’s agenda will likely include Israel-Gaza ceasefire talks, oil, trade, investment deals, and potential announcements on ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Muhammad bin Salman, the crown prince and de facto ruler, often known as MBS, has been trying for a decade to ease Saudi ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

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

Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to ...