The move caps a dramatic month in oil markets, riven by concerns of a supply glut and uncertainty over sanctions on Russian ...

Eight members of the oil cartel agreed on Sunday to a small increase but said they would now pause in adding more oil, reflecting market concerns about an oversupply.

Oil prices settled marginally lower on Monday as OPEC's plans to increase oil output once again outweighed hopes of a trade ...

"We are making sure we maintain the supply demand balance", Ghais added at a panel at ADIPEC energy conference in Abu Dhabi ...

Futures for the S&P 500 were up with focus on earnings. About a quarter of companies on the index are due to report this week.

SINGAPORE: Oil prices climbed on Monday after OPEC+ decided to hold off production hikes in the first quarter of next year, ...

Following last week's meeting between Trump and China's President Xi Jinping in South Korea, the White House announced Saturday that China would lift export controls on rare earth ...

OPEC+ will likely agree on Sunday another small hike in oil output targets for December, three sources familiar with the ...

Oil rose after OPEC and its allies agreed to boost oil production by 137,000 barrels a day in December, but said they wouldn’t increase production in first three months of 2026 due to seasonality.

There is also a “substantial gap opening up” between Opec quotas and production, Morgan Stanley said. The bank’s estimates show a 500,000 barrel-a-day increase in the group’s output in the March to ...

Exxon Mobil’s third-quarter earnings beat Wall Street’s expectations, bolstered by strong Guyana and Permian Basin production ...

Discover how OPEC, the global oil cartel, influences oil prices and production in 2024. Learn about its member nations, history, challenges, and current strategies.