U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output ...

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

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

Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...

The Wall Street bank expects the Organization of the Petroleum Exporting Countries and its allies (OPEC+) to announce a ...

OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst ...

US President Donald Trump may have just said the quiet part out loud, answering analyst questions about the motivation behind ...

British oil giant Shell on Friday reported stronger-than-expected first-quarter profit and kept the pace of its share buyback ...

Brent crude oil futures were already dipping to nearly $61 a barrel before this announcement, and prices might go below $60 ...

Morgan Stanley analysts on Sunday said Saturday's announcement by OPEC+ that it will increase June output by 411,000 b/d for a second straight month will widen the supply surplus this year and next, ...