Crude oil prices declined after OPEC agreed to raise production by 548,000 barrels per day in August. Oil prices also came ...

SYDNEY: Stock markets slipped in Asia on Monday (Jul 7) amid confusion as United States officials flagged a delay on tariffs but failed to provide much detail on the change, while oil prices slid as ...

Oil prices slipped on Monday after OPEC+ surprised markets by hiking output more than expected in August, while uncertainty ...

Members to raise production by 548,000 bpd in August, reversing cuts faster than expected; S&P says supply will outstrip ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

The expanded output plan will add 548,000 barrels a day starting in August, with a similar increase under consideration for September. The move accelerates OPEC+’s strategy to reclaim market share, ...

MIAMI -- Tropical Storm Chantal formed off the southeast U.S. coast and was forecast Saturday to bring heavy rain to parts of the Carolinas. Tropical storm warnings were issued for portions of the two ...

Another assignment that is much more definitive: the OPEC Seminar. The circus rolls back into Vienna as the oil producers' ...

In total, Indonesia has some 4500 idle wells with reactivation potential – 4200 of which are under Pertamina’s management. Of ...

NEW YORK (AP) — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 ...

The increased production could contribute to lowering prices, as experts say it will shift the market such that supply ...