OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...

OPEC’s Secretary General Haitham Al-Ghais said that the organization's outlook for the global oil market remains positive overall, despite recent econ ...

During mid-morning trading, West Texas Intermediate ( CL=F) futures rose 0.1% to hover near $62.10 per barrel, erasing gains ...

OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply growth from non-OPEC+ producers like the U.S.

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

The developing relationship between OPEC+ and BRICS is significantly reshaping the global energy landscape. The coinciding ...

The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...

Oil prices have begun rebounding amid signs of easing U.S.-China tensions and a surprise dip in U.S. inflation.

GasBuddy, a company that tracks gas prices in the U.S., projected Tuesday the national average rate on Memorial Day will be ...

The Organization of the Petroleum Exporting Countries (OPEC) has maintained its global oil demand growth forecast for 2025 at ...

Behind OPEC+'s plan to ramp up oil output and punish over-producing allies, group leaders Saudi Arabia and Russia are pushing ...

While the United States is still expected to drive supply growth, OPEC expects total oil output to rise by about 300,000 bpd this year. Last month, it forecast growth of 400,000 bpd. OPEC left its ...