Oman’s oil production is projected to rise to 775,000 barrels per day (bpd) in June 2025, up from the required production ...

By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -OPEC+ will accelerate oil output hikes and could bring back to ...

By Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ plans to further accelerate oil output hikes and could unwind ...

OPEC+ leader Saudi Arabia warned the group’s overproducing members it could amplify a historic shift in policy and deliver ...

All of Berkshire Hathaway's holdings have their bullish arguments, but three of them are particularly strong arguments right now.

Democrats have missed opportunities to stabilize the oil market in the past. When oil prices crashed during the Covid pandemic, threatening shale companies with bankruptcy, party leaders blocked a ...

OPEC+ announces a 411K barrel-per-day oil output boost for June despite falling prices, signaling a bold strategic shift.

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

The prospect of higher supply from OPEC and allies in the coming months will likely spell doom for oil prices.

Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud ...

Oil prices finished lower on Friday, failing to find support from a rally in the U.S. stock market, as [various news reports said]( ...

Goldman Sachs on Friday said it expects OPEC+ to announce a second consecutive increase in supply for June on Saturday, due ...