OPEC+ alliance unexpectedly announced a larger-than-anticipated supply boost for May, triggering a market-wide reaction.

The Energy Information Administration’s (EIA) weekly report on crude oil inventories has unveiled a surprising increase, defying market predictions and potentially influencing the price of ...

OPEC+ members committed to unwinding oil production curbs starting in April. The oil cartel has held back supply in an effort ... bid to lift crude prices worldwide. But now, a likely mix of ...

Moreover, OPEC+ supply changes are adding another layer ... these projections may be revised. The daily chart for WTI crude oil shows that the price has broken the triangle pattern and reached ...

NEW YORK, March 27 (Reuters) - Oil prices edged higher on Thursday ... reaching billions of people worldwide every day. Reuters provides business, financial, national and international news ...

Worries of a full-blown trade war and more supply entering the market sent oil futures tumbling, briefly nearing multi-year levels on Wednesday, dragging energy stocks with it. On Wednesday ...

Countries around the world threatened to wage a trade war with the United States as President Donald Trump's sweeping tariffs fed expectations for a global downturn and sharp price hikes for swathes ...

The oil market came under pressure again yesterday, with ICE (NYSE:ICE) Brent settling a little more than 0.8% lower. WTI is trading lower in early morning trading today. The prospect of rising OPEC+ ...