The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than expected, raising concerns about a potential oversupply.

Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...

THE Organization of the Petroleum Exporting Countries (Opec) and its allies, collectively known as Opec+, announced the decision on Saturday to increase oil out ...

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OPEC+ is expected to fully unwind its 2.2 million bpd output cuts by September, following a surprise superhike in August.

President Donald Trump confirmed that tariffs are set to go into effect Aug. 1, extending the original deadline of July 9.

NEW YORK (AP) — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 ...

Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...

The cost of gas is up by 10 cents a gallon in the state, including South Florida. But prices in the Miami area are about the ...

Markets reacted cautiously as U.S. trade policies remained uncertain, with President Trump planning tariff hikes. OPEC+ ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year.

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...