Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...
The decision is a serious negative for the oil market, given that oil demand is rising too slowly to sop up all of the extra ...
Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...
OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S.
Crude oil futures drop as OPEC+ plans gradual production increase, impacting global oil market and commodity trading trends.
A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...
OPEC+ output cuts have been in place for a long period of time, but continued demand growth makes OPEC+ relevant for years to ...
The bloc and its allies, collectively known as Opec+, are set to begin unwinding 2.2m barrels per day worth of production ...
Oil futures fell Tuesday, building on losses seen the previous session after the Organization of the Petroleum Exporting ...
“The current downward trend in oil prices is primarily driven by OPEC+’s decision to increase output and the introduction of ...
Oil slumps as OPEC+ boosts production and U.S. tariffs hit demand. Traders eye support levels as supply fears and trade war tensions weigh on crude oil outlook.
Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand ...