Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...
Oil futures posted strong gains Monday after OPEC and its allies delayed plans to start unwinding production cuts by another ...
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, ...
OPEC’s oil production rose last month as Libya restored output that was halted during a brief political crisis.
Exxon Mobil Corp. and Chevron Corp. capped Big Oil earnings season by revealing blockbuster increases in fossil fuel ...
Oil prices opened $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Click to read.
Yet again, OPEC has postponed plans to increase oil production until at least the end of the year. That drove oil futures ...
OPEC+ has delayed its planned production increase for a second time, citing market conditions and geopolitical uncertainties.
Libya is planning its first tender for energy exploration contracts since 2011’s civil war, as the OPEC member looks to bring ...
Oil prices climbed nearly 3% on Monday on OPEC+'s decision for a month's delay in plans to increase output, while investors ...
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.
Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid ...