For import-reliant Asia, the Opec+ output rise is a welcome development. Markets are still on edge over US-China trade ...

Saudi oil giant Aramco , a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to ...

Oil prices rose today, poised for a weekly gain as trade tensions between top oil consumers China and the US showed signs of ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

Oil prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U.S. trade deal with ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

OPEC+ decided to increase crude oil output for this month and the next. This appears to be in support of the trend of ...

The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

DUBAI: The Organisation of Petroleum Exporting Countries (Opec) has agreed to accelerate oil production hikes for a second ...