Bloomberg reported that Saudi Oil Minister Prince Abdulaziz bin Salman during the meeting invoked the 1973 oil embargo ...

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

Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud ...

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

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

Oil prices plunged to a near four-year low on Monday morning which pundits expect will continue to push petrol prices lower.

Eight members of OPEC+ have hinted at plans to further accelerate oil output hikes, amid the latest step to unwind ...

The Organization of the Petroleum Exporting Countries and allies (OPEC+) is set to further speed up oil output hikes. Citing five sources, Reuters reported that this could bring back to the market as ...

Opec+ on Saturday announced oil production hikes in June for a second consecutive month, with a planned output increase of ...

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

Brent tumbled by as much as 4.6 per cent toward US$58 a barrel. Read more at straitstimes.com. Read more at straitstimes.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, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...