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

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...

By Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ plans to further accelerate oil output hikes and could unwind ...

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

The results come as Big Oil profits continue to fall from record highs in 2022. A weak outlook for oil markets, falling crude ...

Eight members of OPEC+ have hinted at plans to further accelerate oil output hikes, amid the latest step to unwind ...

Opec+ on Saturday announced oil production hikes in June for a second consecutive month, with a planned output increase of ...

DUBAI: The Organisation of Petroleum Exporting Countries (Opec) has agreed to accelerate oil production hikes for a second ...

Futures for the Dow Jones Industrial Average dropped 193 points, or 0.47%. Futures for the S&P 500 fell 0.52%, and Nasdaq ...

Oil prices plunged to a near four-year low on Monday morning which pundits expect will continue to push petrol prices lower.