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 ...

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 ...

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+ ...

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 ...