Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s ...

When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs ...

Producers here obviously aren't in OPEC, but they feel the effects of OPEC's decisions. And the U.S. oil price being under 60 ...

OPEC+ decided to increase crude oil output for this month and the next. This appears to be in support of the trend of ...

Perceptions of oversupply among oil market participants from increasing OPEC+ output and uncertainty about the economic ...

Oil prices are falling further as OPEC and its allies plan to ramp up production. That could be a bonus for the U.S. consumer as recession risks still lurk. Oil prices are sitting at around $60 a ...

Berkshire Hathaway fell 5.5% for one of the market’s bigger losses. Legendary investor Warren Buffett announced over the ...

pushing up Oil prices. When OPEC increases production, it has the opposite effect. OPEC+ refers to an expanded group that includes ten extra non-OPEC members, the most notable of which is Russia.

“OPEC raising oil production was largely unexpected at this pace, and that’s why the price of oil is reacting in the way we’re seeing today,” he said Monday. Why is the price of oil ...

PETALING JAYA: Fluctuations in crude oil prices will not affect companies ... the Organisation of the Petroleum Exporting Countries (Opec) have revised their 2024 and 2025 global oil demand ...

NEW YORK (AP) — Stocks slipped in afternoon trading on Wall Street Monday and oil prices fell to a four-year ... tariffs that were supposed to go into effect in April were delayed by three ...