This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

Trump knows that Saudi Arabia is critical to lowering oil prices and pressuring Russia to come to the bargaining table.

In this article we explore how corporate cartels manipulate markets through price-fixing and collusion, the impact on ...

JPMorgan refers to “oil vigilantes” as a concept suggesting that when challenges arise and oil prices plummet, the OPEC ...

Crude oil prices are set for another weekly gain, driven by new U.S. sanctions on Iran's energy industry and OPEC+ efforts to ...

What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

West Texas Intermediate (WTI) Oil price holds ground for the third successive session, trading around $68.40 per barrel ...

Oil markets are currently reacting to potential Russia-Ukraine ceasefire, increased OPEC+ output, and US threats of tariffs ...

Oil prices rise 2% on supply cuts and fresh sanctions. WTI and Brent forecast shows key resistance ahead amid growing geopolitical uncertainty.

Oil prices rose in early Asian trading on Friday, and were set for their second consecutive weekly gains, after fresh U.S.

Gasoline prices are down several cents compared to this time last month, but the cost to fill up the tank has declined by nearly 40 cents per gallon since last year. The national average fuel ...