Major fossil fuel companies have seen their profits fall as crude prices have dropped over demand concerns after soaring in ...

The Organisation of the Petroleum Exporting Countries’ crude production dipped for a second consecutive month in January as a drop in exports from Nigeria and Iran affected crude outputs.According to ...

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...

OPEC has dropped the U.S. Energy Information Administration from its list of secondary sources used to monitor crude oil ...

Last year was a relatively calm period for the oil market. Most investors likely only want to hold one oil company in their ...

Stay updated with a weekly recap covering market movements, economic insights, top news, and geopolitical events shaping the ...

“I'm also going to ask Saudi Arabia and OPEC to bring down the cost of oil." The remarks were the first of Trump's four-day-old presidency to global business and political leaders at a time when ...

But whether Trump’s remarks will lead to action — especially when it comes to oil production from Saudi Arabia and the Organization of the Petroleum Exporting Countries — remains to be seen.

U.S. President Trump began his first days in office issuing executive orders to boost domestic oil-and-gas production and threatening ... will ask Saudi Arabia and OPEC to reduce the price of ...

As Nigeria’s crude output recovers from years of decline, the country is ready to negotiate a higher oil production quota with the Organisation of Petroleum Exporting Countries (OPEC). This strategic ...

“The bullish drive was rejected at the $80 resistance level as concerns over non-OPEC production risks resurfaced following Trump’s inauguration speech, which emphasized oil overproduction ...