Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...
While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...
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 ...
Oil prices fall as OPEC+ boosts production and trade tensions rise. Crude demand concerns and bearish technicals keep traders ...
Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Power Lunch' to discuss OPEC+ output increase, ...
Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...
This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted.
Oversupply from Kazakhstan, Iraq, Russia and the UAE has irked OPEC's de facto leader, Saudi Arabia, which has kept strictly ...