This marks the group’s third consecutive monthly hike, escalating concerns of a potential price war in the global oil market.

B of A Securities analyst maintains Buy rating on Chevron Corp. despite mixed Q1 earnings. Reiterates attractive investment ...

Investors with weighting in the Canadian oil sector will be watching nervously as OPEC’s latest production increase promise ...

The Organization of the Petroleum Exporting Countries reduced its oil-demand outlook for this year and next, citing the impact of U.S. tariffs.

Oil prices tumbled to their lowest levels since early 2021 after OPEC+ confirmed plans to raise output again in June, ...

SHREVEPORT, La. - The price of crude oil has been on a steady decline, dealing a financial blow to domestic drilling ...

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 ...

Oil edged lower in the early morning Asian session amid supply concerns ahead of OPEC+ meeting on Monday.

Bloomberg reported that Saudi Oil Minister Prince Abdulaziz bin Salman during the meeting invoked the 1973 oil embargo ...

The Organization of the Petroleum Exporting Countries (OPEC) has revised down its forecast for global oil demand growth in 2025 to 1.3 million barrels per day (bpd), citing the expected impact of ...