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

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) ...

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

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

Berkshire Hathaway fell 5.5% for one of the market’s bigger losses. Legendary investor Warren Buffett announced over the ...

Following suit from the previous month, OPEC + has decided upon proliferating oil production, resulting in a challenge to the U.S. shale supply, whilst resulting in a plunge in oil prices.

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

Oil buckled on concerns of a global glut after OPEC+ agreed to another bumper output increase, adding to supply at a time ...

Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output again in June, raising concerns about a potential oversupply at a time when ...

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

Oil futures fell after OPEC+ agreed to bring back another 411,000 barrels a day of production in June, further accelerating the unwinding of cuts.