Oil futures finished higher on Friday to modestly pare back their weekly loss from expectations OPEC+ will boost production ...

Inflation is primarily driven by oil prices, with recent spikes due to the pandemic and Russia's invasion of Ukraine. Explore ...

Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting ...

Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...

Separately, the Organization of Petroleum Exporting Countries (OPEC), and its allies, a group known as OPEC+, are currently ...

The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...

Oil steadied after a sharp two-day drop on the prospect of more supply from OPEC members Saudi Arabia and Libya.Most Read ...

Oil prices dropped 5% this week due to rising OPEC supply and weak demand from China. Natural gas prices rose on Hurricane ...

Kremlin resolves to display public solidarity with Opec and its leader Saudi Arabia that has largely overlooked ...

OPEC published its long-term outlook for the oil market up to 2050 this week, Commerzbank’s commodity analyst Carsten Fritsch notes.

A statement posted on OPEC’s website on June 2 revealed that the 38th OPEC and non-OPEC Ministerial Meeting will be held on ...

The output increase in December is not about regaining market share, it is about a small number of countries phasing out ...