Libya is planning its first tender for energy exploration contracts since 2011’s civil war, as the OPEC member looks to bring ...

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

Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, ...

"We are now in the calm before the storm," IG market analyst Tony Sycamore said, adding investors are focusing on the outcome ...

Oil futures posted strong gains Monday after OPEC and its allies delayed plans to start unwinding production cuts by another ...

OPEC oil production rebounded from its lowest this year thanks to Libya resolving, even if temporarily, a political crisis over control of the Central Bank ...

Oil prices climbed nearly 3% on Monday on OPEC+'s decision for a month's delay in plans to increase output, while investors ...

The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, ...

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 ...

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

"OPEC+ just threw another curveball at oil analysts, delaying its much-anticipated December production boost by a month - a second deferral that speaks volumes about the group's delicate dance with ...

Oil prices gained more than 2% after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid widespread concerns over weaker global demand and lower prices.