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

The decision by OPEC and its allies on Sunday to keep oil output targets steady in the first quarter of next year came after ...

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.

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 ...

Large, Finance and Markets World markets kicked off November in an upbeat mood, riffing off buoyant company earnings and ...

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

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.

The United Arab Emirates' energy minister dismisses concerns of an oil glut, citing solid demand and OPEC+'s decision to ...

Kazakhstan’s production increase for December is set at 7,000 barrels per day, unchanged from November. Beyond December, the eight countries agreed to pause production increases in January, February, ...

Oil prices edged lower Tuesday as OPEC's plan to raise output offset optimism about a potential U.S.–China trade deal, while ...

Venezuela's oil exports declined 26% to some 808,000 barrels per day in October as the country's stocks dwindled and it ...

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