Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to ...

U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

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

Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) ...

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

US President Donald Trump may have just said the quiet part out loud, answering analyst questions about the motivation behind ...

Brent crude oil futures were already dipping to nearly $61 a barrel before this announcement, and prices might go below $60 ...

Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output ...

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 tariffs on most countries ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Morgan Stanley analysts on Sunday said Saturday's announcement by OPEC+ that it will increase June output by 411,000 b/d for a second straight month will widen the supply surplus this year and next, ...