Oil futures rebounded from the previous day’s selloff as the OPEC and non-OPEC ministerial meeting ended with agreement to keep quotas in place through 2026.

The price of oil, one of Canada's major exports, settled 1.6% higher at $61.84 a barrel as OPEC agreed to leave its output policy unchanged and the U.S. barred Chevron CVX.N from exporting Venezuelan ...

Today’s edition of Daily on Energy kicks off looking at who will be leading the federal permitting council under the second ...

At the time of writing, WTI Crude oil is trading above $62, gaining more than 1.50% on the day as markets respond to the group’s cautious stance.

Opec+ on Wednesday reaffirmed its production quotas through 2026 and is developing targets for its 2027 baselines, according ...

Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms ...

ULSD futures are on track to end a three-day streak of losses, with the front-month contract rising 1.54cts to $2.0948/gal and July prices rising by 2.14cts to $2.0744/gal. The gains come as markets ...

OPEC+ has decided to set new baselines for 2027 oil production. Amid ongoing debates over quotas, the group, including ...

OPEC+ countries also confirmed current arrangements and kept oil production quotas established until the end of 2026 ...

Market focus has shifted toward potential supply hikes from eight OPEC+ members that have been carrying out separate ...