Gas could get even cheaper this summer. Supachai Panyaviwat/. OPEC+ is boosting oil output, tanking prices as US summer ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...

Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has ...

Oil prices moved back over $67 a barrel after Saudi Arabia unexpectedly raised prices for its Arab Light crude sold to buyers ...

The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

Oil prices fell after OPEC+ countries unexpectedly announced a more significant increase in oil production in August than ...

LONDON: Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with ...

Oil producer group OPEC has been plunged into crisis, with bitter infighting between Saudi Arabia and the United Arab Emirates raising questions about the future of the energy alliance.

American rage followed the Oct. 5 decision by OPEC Plus — 23 oil producers led by Saudi Arabia, which includes Russia — to cut oil production quotas by two million barrels per day starting in ...

But Saudi Arabia has gone further to distance itself from OPEC. In April, Saudi Arabia scuttled the production freeze deal in Doha, killing what would have been only a modest agreement that put ...

NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...