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

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...

Nigeria exceeded its assigned OPEC production quota in February, producing 70,000 barrels per day more as the organization ...

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...

Oil fell as weak economic data from China compounded a tough outlook for demand, and wider markets carried a risk-off ...

Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Power Lunch' to discuss OPEC+ output increase, ...

Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...

Nigeria exceeded its OPEC+ oil production quota in February due to increased exports and demand from the Dangote refinery, ...

While bearish sentiment due to OPEC+ output increases and demand concerns are causing oil prices to fall, this decline may be ...

Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...

The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) have decided to proceed with a planned oil ...