Oil prices edged up to a two-week high on Tuesday as positive U.S. economic news, lower U.S. oil production and rising demand ...

Oil prices held near a two-week high on Tuesday as investors assessed the latest developments on U.S. tariffs and a higher ...

Oil prices rose nearly 2% on Monday as signs of strong demand more than offset the impact of a higher-than-expected OPEC+ ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

The moderation in prices comes after Trump issued formal notifications to several trading partners that significantly higher ...

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...

OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...