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

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

Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud ...

Goldman Sachs reduced its oil price forecast following decisions by the Organization of the Petroleum Exporting Countries and ...

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

Brent tumbled by as much as 4.6 per cent towards US$58 a barrel. Read more at straitstimes.com. Read more at straitstimes.com ...

Oil futures fell after OPEC+ agreed to bring back another 411,000 barrels a day of production in June, further accelerating the unwinding of cuts.

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

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...

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

OPEC+ ramps up output by 800,000 bpd, setting a bearish tone as weak oil demand and rising inventories pressure the global ...

Oil prices slumped on Monday after OPEC+ countries announced a sharp production increase despite oversupply concerns and ...