OPEC+'s decision to pause output hikes offers a temporary reprieve for the US shale industry, which faces significant ...

The first trading day of the month seemed to be a repeat for range bound oil, with the Organization of the Petroleum ...

NEW YORK: Oil prices held steady on Monday as the market balanced the latest OPEC+ supply increase with the group’s plans to ...

There are currently serious fears about a glut in the oil markets – too much oil. And an abundance of oil has the effect of ...

Crude oil futures squeezed out small gains after OPEC+ agreed to unwind a further 137,000 bbl/day of production cuts in December, as expected, before pausing its increases in Q1 2026.

THE Organisation of the Petroleum Exporting Countries and allies (Opec+) managed to both meet market expectations and deliver ...

Members of the Organization of Petroleum Exporting Countries and their allies decided over the weekend to boost oil output by ...

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and ...

Diamondback Energy chief notes ‘hotly contested debate’ over oil oversupply as reason for continued activity caution ...

Rebecca Babin, senior energy trader at CIBC Private Wealth, joins BNN Bloomberg to discuss OPEC+ pausing oil output rises next year after warnings of glut.

The one thing OPEC+ "hates is a low oil price, but its policy maneuvers achieved just that - low price and bloated inventory," said Raj. "Champagne bottles had stopped popping" at both OPEC ...

Since April, OPEC+ has increased production by more than 2.5 million barrels per day, causing crude prices to toe and even fall below the $60 barrel line.