The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

Oil declined for a fourth straight session Wednesday, settling at its lowest price since September, on prospects for a global ...

While US domestic oil production reached a world record 4.7 billion barrels of oil in 2024, Canada is still a major source of ...

OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to ...

The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...

Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...

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.

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

He who cannot change the very fabric of his thought will never be able to change reality.—Anwar Sadat, Former President of ...

It will enable Société Burkinabè des Fibres Textiles to purchase seasonal seed cotton from local farmers at harvest point ...

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