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

The reduction comes despite OPEC+, which comprises OPEC and its allies including Russia, beginning in April to unwind its ...

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

Nigeria's crude oil production climbed to a two-month high in April, signaling modest recovery efforts in Africa's largest ...

Oil prices rose on Monday after both sides in U.S.-China trade talks over the weekend touted their progress, which lifted ...

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

Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...

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

The Organisation of the Petroleum Exporting Countries’ oil output edged lower in April despite a scheduled output hike taking ...

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

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

The Organization of Petroleum Exporting Countries (OPEC) has reported a decline in Nigeria’s oil production following its ...