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

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

US shale producers are turning up the heat on OPEC again — but this time the cartel’s adversaries aren’t a bunch of ...

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

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

The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.

OPEC+ agreed to push back its December production increase by one month, the second delay to its plans to revive supply as ...

The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...

Halliburton's global business is solid, but risks from OPEC+ and US slowdown may impact margins. Learn why HAL stock could ...

While the announcement sent West Texas Intermediate futures to as high as $71.81/bbl and pushed Brent above $75.40/bbl, contracts over the last hour of the morning backed off some of the early gains ...

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: ...

Both OPEC and the IEA revised their ... By contrast, based on the IEA forecasts, the oil market would face a significant oversupply next year.” Share: Feed news Information on these pages ...