Expectations of retaliatory tariffs from other countries has sparked consternation of an economic slowdown, or possible ...

Libya is set to offer 22 areas for oil exploration and development in its first such bidding round in more than 17 years, oil ...

Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6 ...

Oil prices fall to their lowest level since April 2021 and OPEC announces it will increase production. Lowering energy costs ...

Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

OPEC+ has decided to accelerate the reversal of production cuts, adding 411,000 barrels per day to its combined supply in May ...

The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned ...

As President Donald Trump's latest tariffs weigh on growth outlooks, OPEC+ members unveiled plans for an output boost that ...

US bank Morgan Stanley has lowered its 2025 forecast for oil consumption growth and oil price expectations, in the wake of a ...

The surprising decision of OPEC+ to increase oil production by a hefty amount for May leaves the market better supplied over ...

A 15 per cent slump in crude prices since Wednesday has triggered a brutal sharemarket sell-off, putting producers on high alert and making investors nervous.