Oil prices settled marginally lower on Monday as OPEC's plans to increase oil output once again outweighed hopes of a trade ...

OPEC 12 output for July 2025 was revised higher by 25 kb/d and August 2025 output was revised lower by 32 kb/d compared to ...

The more-active Nymex December ULSD contract was off by 0.9ct to $2.40/gal and the November contract, which expires at the end of Friday trading, was 3.4cts lower at $2.421/gal. The December RBOB ...

Crude oil futures ended little changed, as traders continue to assess the eventual impact of US sanctions on Russian oil that ...

Iraq was in negotiations over the size of its quota within its available capacity of 5.5 million barrels per day.

Oil prices were heading for a third consecutive monthly decline, slipping on Friday due to a stronger U.S. dollar and weak ...

Oil and natural gas markets remain in consolidation as traders await key triggers from the Fed and OPEC, while the US Dollar ...

Oil futures posted their third straight monthly loss with underlying concerns about oversupply keeping a lid on geopolitcally driven rallies.

Discover how OPEC, the global oil cartel, influences oil prices and production in 2024. Learn about its member nations, history, challenges, and current strategies.

OPEC will bring in an independent consultant to evaluate the production capacity of its member states, Kuwait’s Oil Minister Saad Al Barrak said Wednesday ...

The world's biggest oil companies are expected to press ahead with plans to accelerate production growth when they report ...