Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

At this point, there are no signs indicating that OPEC+ is on the brink of collapse. The leading countries in OPEC+ show that ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

Oil prices steadied on Tuesday, recovering from a 5% drop over the previous two sessions, as investors absorbed OPEC's latest ...

Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for ...

OPEC’s recent decision to extend its production cuts till the end of January has added more uncertainty to the oil market as ...

Yet again, OPEC has postponed plans to increase oil production until at least the end of the year. That drove oil futures ...

Oil prices on the New York fuel exchange are slightly rising, but they remain close to this month's lowest levels. Brokers ...

In 1960, frustrated by Western control over the world’s oil industry, five of the world’s top oil-producing nations created the Organization of the Petroleum Exporting Countries, or OPEC.

Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...

Oil prices rose modestly ahead of ... Further, many members of OPEC consist of a national oil company with far greater market power than any U.S. producer. Saudi Aramco, for example, can move ...

The company saw its YTD earnings double so far this year from what they were in the same period of 2019 on a constant-price ...