Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

Perceptions of oversupply among oil market participants from increasing OPEC+ output and uncertainty about the economic ...

We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility ...

Quota violations are common in Opec. Saudi leverage comes from spare capacity, used to discipline non-compliant members ...

Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...

Asian session after the U.S. reached a truce with the Houthis in Yemen and said it would suspend its airstrikes there.

Oil prices rallied on Tuesday, recovering most of the losses that came from the OPEC+ decisions to unwind its production cuts ...

Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...

Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook ...

When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs ...

OPEC+'s decision to aggressively increase oil supply will result in an earlier and sustained market surplus throughout 2025.