The eight OPEC+ members - Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman - raised oil output ...

As a new oil trading year begins, here's why crude futures continue to trade at or near their lowest levels in five years, ...

Oil prices settled up $1 a barrel on Monday as traders assessed the possible impact on crude flows from Venezuela, home to ...

OPEC countries are likely to maintain its current production policy despite US involvement in Venezuela's oil, one of its ...

Leading oil producing nations confirmed on Sunday that they would remain cautious on their outlook after the U.S.' raid in Venezuela, saying they wouldn't make any drastic changes to production levels ...

Eight OPEC countries met virtually on January 4 'to review global market conditions and outlook', a statement posted on ...

China now drives short-term oil price moves as its opaque import patterns, refinery margins, and strategic stockpiling ...

OPEC has ramped up oil output in recent months, driven by shifting market and geopolitical dynamics. Wealthspire’s Chris Maxey explains what the production increase signals for OPEC’s strategy in 2026 ...

OPEC is pursuing a long-term strategy to increase its market share and is unwinding production cuts, with oil prices remaining strong due to factors beyond OPEC's direct control. The rise in oil ...

OPEC+ will likely approve another oil production increase of at least 137,000 barrels per day at its meeting next Sunday, as rising oil prices encourage the group to try to further regain market share ...

A flurry of bets on Brent crude falling below $60 a barrel this year changed hands in recent days, a sign investors are hedging against the risk of another large production hike from OPEC and its ...