Saudi Arabia and Russia, the group's leaders, are also pushing a secondary objective behind OPEC+’s plan to increase oil ...

OPEC+ output hikes, however, also come as the best quality shale areas in the biggest U.S. oilfield, the Permian, have been ...

WTI price rose due to rising supply concerns following the news of Israel planning to strike nuclear facilities in Iran. Iran may block the waterways through the Strait of Hormuz, raising concerns for ...

GasBuddy, a company that tracks gas prices in the U.S., projected Tuesday the national average rate on Memorial Day will be ...

Energy stocks are under pressure, but I see this as a setup for long-term opportunity in select names. Read why I'm bullish ...

Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...

President Trump and OPEC both want increased oil production, but there could be a solution to their difference on opinion on ...

Oil prices slid more than 3% before paring losses on Thursday after President Trump hinted that the US was nearing a nuclear deal with Iran—a move that could increase global crude supply. West Texas ...

MOSCOW, May 14. /TASS/. Oil production by the eight OPEC+ countries, which voluntarily reduce oil production, totaled 30.807 million barrels per day (bpd) in April, which is 475,000 bpd above the ...

Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...