President Donald Trump confirmed Monday that 25% tariffs on Canada and Mexico are “all set” to take effect Tuesday. He also ...

The bloc and its allies, collectively known as Opec+, are set to begin unwinding 2.2m barrels per day worth of production ...

Oil slumps as OPEC+ boosts production and U.S. tariffs hit demand. Traders eye support levels as supply fears and trade war tensions weigh on crude oil outlook.

Brent crude declined by 1.20 percent to $70.76 a barrel while US West Texas Intermediate (WTI) crude declined by 0.86 percent ...

This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted.

“The current downward trend in oil prices is primarily driven by OPEC+’s decision to increase output and the introduction of ...

Oil prices continued to fall after reports that OPEC+ will continue its planned production hike, while markets braced for the ...

While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...

At the same time, OPEC's policy on production increases remains flexible. "This gradual increase may be paused or reversed subject to market conditions. This flexibility will allow the group to ...

Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand ...

Iraq and seven OPEC+ member states convened virtually on Monday to assess the state of the global market and its prospects.

OPEC Plus says it will go ahead with its plan to increase crude-oil supply. The decision by the oil-producing group of ...