OPEC’s control of the oil market has been diminishing over the past year, and now it seems to have nearly vanished. That is a ...

OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...

Venezuela's oil exports jumped last month on higher sales to its mainstay Asia customers, and approached 1 million barrels ...

OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered ...

Oil prices flat as President-elect Trump threatens to hit BRICS nations with 100% tariffs if the group backed alternatives to ...

Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...

Output for August 2024 was revised higher by 4 kb/d and September 2024 output was revised higher by 25 kb/d compared to last ...

Crude-oil futures were up by about $2 on a weaker dollar and expectations OPEC members and allied producers will again extend production cuts to support prices when they meet on Thursday. The Nymex ...

Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ ...

The OPEC+ alliance of oil-producing countries has postponed its next meeting on output policy to Dec. 5 from Dec. 1 to avoid ...

OPEC+ has been withholding 2.2 million barrels of oil supply daily for well over a year now—and it might have to start ...

When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, ...