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

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

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 futures ... leave the market having to rethink the strategy of OPEC+," according to ING analysts. "This delayed supply ...

OPEC+ has delayed its planned production increase for a second time, citing market conditions and geopolitical uncertainties.

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 ...

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

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

The Organization of Petroleum Exporting Countries (OPEC) is very positive on demand for oil in both the short and long term, Secretary General Haitham Al Ghais said at an energy industry event in Abu ...

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

Oil prices traded in a narrow range on Tuesday ahead of what is expected to be an exceptionally close U.S. presidential ...