DUBAI: The Organisation of Petroleum Exporting Countries (Opec) has agreed to accelerate oil production hikes for a second ...

Oil prices sank Sunday while U.S. stock futures declined after the S&P 500 notched its longest winning streak in more than 20 ...

Top oil producers, members of OPEC+, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies ...

Oil buckled on concerns of a global glut after OPEC+ agreed to another bumper output increase, adding to supply at a time ...

Following a virtual meeting Saturday, eight OPEC+ countries said they will increase production by 411,000 barrels a day in June–the equivalent of three monthly increments–citing “healthy ...

NEW YORK (AP) — Stocks slipped in afternoon trading on Wall Street Monday and oil prices fell to a four-year low as the OPEC+ ...

Bloomberg reported that Saudi Oil Minister Prince Abdulaziz bin Salman during the meeting invoked the 1973 oil embargo ...

Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...

NEW YORK (Reuters) -Oil prices settled nearly 2% higher on Friday and notched their first weekly gains since mid-April as a U ...

Kuwait’s oil minister said that the OPEC+ meeting would significantly affect production policy formulation in the coming period, Kuwait’s state news agency reported on Saturday. OPEC+ agreed in a ...

The decision was adopted on Saturday, May 3, 2025, during a virtual meeting of officials representing the eight producing ...

Investors will be looking toward Fed Chair Jerome Powell's remarks Wednesday, following a two-day meeting of the Fed's rate-setting committee. While the Fed is not expected to cut interest rates ...