News

OPEC+ jolted markets by announcing it would flood the market with more oil.
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
U.S. stocks closed lower after President Donald Trump said in social media posts he sent letters to Japan and Korea notifying ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
OPEC+ will now meet Saturday - instead of Monday, as previously planned - according to news reports OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group's leader Saudi Arabia seeks to ...
Members of OPEC and their allies, including Russia and Mexico, announced Sunday that they have agreed to cut production by 9.7 million barrels a day in May and June, the deepest cut ever agreed to ...
OPEC+ nations have agreed to cut the group’s output target by 2 million barrels of oil a day as they seek to halt a slide in oil prices.
The OPEC+ decision to dramatically cut its oil output targets has left the White House grappling with a complex – and potentially damaging – mix of geopolitical and domestic challenges with ...
Russia and Saudi Arabia, the two biggest producers in the group collectively known as OPEC+, are pushing for a production cut meant to stop oil prices from falling further, OPEC delegates said.