The IEA said that Saudi Arabia exceeded its oil output target for June by 430,000 barrels per day to reach 9.8 million bpd, ...

The markets have shrugged off the weekend announcement by OPEC+ that it will increase output again, said Mukesh Sahdev, chief oil analyst with Rystad Energy, in a market update. He wrote that the ...

BEIJING/SINGAPORE (Reuters) -Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement ...

Good afternoon and happy Thursday, readers! We are continuing to follow the aftermath of the destructive flash flood that hit parts of central Texas last week. The death toll continues to increase as ...

OPEC has excluded five of the world’s leading news organizations from covering its biennial oil seminar in Vienna, attended ...

The Dow, S&P 500 and Nasdaq remain volatile as trade deals and tariffs keep investors in limbo. Amazon’s Prime Day met with ...

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

Oil prices receded in early trading on Monday after members of the Opec+ producer group on Saturday agreed to a larger than ...

Get the OPEC Monthly Report results in real time as they're announced and see the immediate global market impact.

OPEC's cautious supply return strategy is being seen by many as a price war, but it aims more to balance long-term market share and avoid severe budget impacts than to sharply undercut prices.

While the OPEC announcement met expectations, geopolitical news created some price momentum as the weekend Ukrainian drone attack on Russia likely stalls any potential ceasefires, even though ...