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 ...

With the production freeze failing to keep prices elevated, OPEC+ members may see little merit in maintaining the status quo.

A surprise build-up in US crude inventories, trade war concerns and Opec+ potential output increase from April have together ...

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There are further signs of weakness in American oil demand, with U.S. waterborne crude oil imports dropping to a four-year ...

Fear that Trump’s trade war will slow economic activity and cut crude demand undermines the WTI price.

After President Donald Trump imposed tariffs on Canada, our neighbors to the north responded with tariffs of their own.

Mexico’s state-owned oil company, stated on Thursday that it will not give discounts on its crude oil to US buyers because of ...

Oil prices dropped to their lowest level since 2021 as tariff tensions contributed to economic uncertainty and on OPEC's ...

The move is more likely aimed at balancing geopolitical risks and appeasing President Trump amid his push for lower oil prices.

Any rise in gasoline prices could add to worries that President Donald Trump’s tariffs will ratchet up inflation for ...