OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction ...

OPEC's crude production fell last month despite the group's long-awaited plans to increase, with much of the reduction ...

A vessel chartered by Chevron carrying some 300,000 barrels of Venezuelan oil was set to start discharging at a Venezuelan ...

Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...

The Trump administration believes Iran is trying to build a nuclear bomb, an allegation that the Islamic Republic has denied.

Oil futures were lower with the market on edge about whether OPEC and allies will decide Monday on another large production increase for June.

Energy stocks are volatile, influenced by factors like commodity prices, geopolitical events, and supply changes. Read more ...

Oil prices fell to a four-year low in April, weakened by a US-China trade war and the unexpected decision by OPEC+, which ...

West Texas Intermediate oil futures are falling 3%, taking the front-month contract to less than $57 a barrel after Reuters reported that [Saudi Arabia was unwilling to continue propping up the market ...