Oil prices have fallen more than $2 a barrel after the OPEC+ group of oil producing nations said it plans to increase output.

Oil prices fell more than $2 a barrel in Asian trade on Monday as OPEC+ is set to further speed up oil output hikes, spurring ...

After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard ...

U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

Saudi Arabia's non-oil private sector activity expansion slowed in April as growth in new orders decelerated sharply, even as ...

Growth in the UAE's non-oil private sector held steady in April, while employment rose at the fastest pace in 11 months as ...

Oil buckled after OPEC+ agreed to another bumper output increase, bolstering global supplies at a time when demand is ...

OPEC+ has agreed to surge production by 411,000 barrels per day in June. Oil prices in April posted the biggest monthly loss ...

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

OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst ...

Chevron also reported its lowest first-quarter profits in years, with per-share adjusted profit falling to $2.18 per share on ...

Iran said it was “deeply suspicious” of the US government’s seriousness in the nuclear talks after President Donald Trump ...