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

Since global oil inventories are still low, there is little risk that OPEC's decision to increase production will lead to a ...

European stock markets and the dollar strengthened Monday as countries fought to hammer out trade deals days before US ...

After several months of volatility in the market, a new forecast is predicting slightly stronger oil prices for the rest of ...

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

OPEC+ boosts oil output by 548,000 barrels/day from August, maintaining market stability amid steady demand trends.. OPEC+ ...

OPEC+ boosts summer oil production by 548,000 bpd in August, surprising markets, pushing prices lower, and stirring global ...

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

Oil declined after OPEC agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.

In April, Trump unveiled a tariff base rate of 10% on most countries, and additional duties ranging up to 50%, although he later delayed the effective date for all those except the 10% rate until July ...

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 ...