In a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy ...

The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...

The oil cartel known as OPEC Plus said it would continue the strategy agreed to in July, rubber-stamping a 400,000-barrel-a-day production increase for April. Skip to content Skip to site index.

Nov. 13, 2012 -- Drillers in Utah and Colorado are poking into a massive shale deposit trying to find a way to unlock oil reserves that are so vast they would swamp OPEC. A recent report by the U ...