OPEC+ delayed a planned increase in oil production, causing prices to rise as analysts debate the long-term impact on the market.

Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...

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

Oil prices opened $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Click to read.

The Organization of the Petroleum Exporting Countries and allies are in a dilemma with its decision to increase oil output ...

US crude production notched a new monthly record in August. That's not necessarily welcome news to other countries.

OPEC+ oil supply cuts and recent efforts to unwind them have increased volatility in energy markets and hampered investment in new production, the CEO of Italian energy company Eni said on Monday.

Iraq Oil Minister Ihsan Abdul Jabbar on Monday said the Organisation of the Petroleum Exporting Countries (Opec) and allies including Russia, known as Opec+, are monitoring the oil price situation ...

Crude prices rallied after OPEC and its allies delayed a planned production increase by a month, as Israel-Iran tensions remain heightened, and the U.S. election looms. Dig deeper: ...

Oil prices were rising early Monday after the Organization of the Petroleum Exporting Countries extended production cuts. West Texas Intermediate, the U.S. benchmark, was up 2.2% at $71.01 a barrel.

The Organization of the Petroleum Exporting Countries (OPEC) delayed a meeting amid talk that some countries want higher crude oil output quotas.

OPEC+ and Saudi Arabia's attempt to regain control of the oil market ... is a blow to OPEC and its de-facto leader, Saudi Arabia, which has been trying to staunch the fall in oil prices for ...