OPEC+ appears to be prioritizing market share over high prices, potentially targeting U.S. shale by testing how producers respond to lower price environments.

Discussions at the Opec International Seminar in Vienna on Wednesday pushed the narrative that talk of "peak oil demand" has ...

VIENNA, July 9. /TASS/. Decisions taken by the OPEC+ reveal that the alliance understands the condition of the oil market and its needs better than anyone else, Energy Minister of the UAE Suhail Al ...

Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...

Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...

Petroleum futures were trading higher ahead of midday Tuesday, led by gains in refined product contracts. Gasoline futures were up by about 1.4% at about 11:15 a.m. ET. The NYMEX August RBOB contract ...

The weekly Department of Energy/Energy Information Administration average weekly retail diesel price rose 1.2 cents/gallon ...

Crude oil futures shook off their early negative reaction to the bigger than expected OPEC+ production increase to settle higher, as markets determined that OPEC+'s confidence in phasing out cuts at a ...

U.S. stocks closed lower after President Donald Trump said in social media posts he sent letters to Japan and Korea notifying them that their tariffs would be 25%, The tariffs will be levied beginning ...

More companies, governmental entities and regular people have been joining a class-action lawsuit in federal court involving allegations that some of the country’s largest oil producers have colluded ...

Asian stocks ended mixed on Friday as U.S. President Donald Trump's tariff threats ahead of the July 9 deadline offset robust U.S. jobs data.

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