Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and ...

The bloc and its allies, collectively known as Opec+, are set to begin unwinding 2.2m barrels per day worth of production ...

Oil futures fell Tuesday, building on losses seen the previous session after the Organization of the Petroleum Exporting ...

Oil slumps as OPEC+ boosts production and U.S. tariffs hit demand. Traders eye support levels as supply fears and trade war tensions weigh on crude oil outlook.

Brent crude declined by 1.20 percent to $70.76 a barrel while US West Texas Intermediate (WTI) crude declined by 0.86 percent ...

This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted.

Oil prices continued to fall after reports that OPEC+ will continue its planned production hike, while markets braced for the ...

While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...

The market perceived the distancing of the U.S. and Ukraine as a signal of a possible easing of the war, subsequently leading ...

At the same time, OPEC's policy on production increases remains flexible. "This gradual increase may be paused or reversed subject to market conditions. This flexibility will allow the group to ...

Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand ...

Iraq and seven OPEC+ member states convened virtually on Monday to assess the state of the global market and its prospects.