Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

Perceptions of oversupply among oil market participants from increasing OPEC+ output and uncertainty about the economic ...

We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility ...

Oil prices climbed about 4% on Tuesday on signs of higher demand in Europe and China, rising tensions in the Middle East and ...

Oil prices staged a robust comeback on Tuesday, clawing back ground lost after OPEC’s surprise weekend announcement to boost ...

Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...

Quota violations are common in Opec. Saudi leverage comes from spare capacity, used to discipline non-compliant members ...

Asian session after the U.S. reached a truce with the Houthis in Yemen and said it would suspend its airstrikes there.

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...

Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...

OPEC+'s decision to aggressively increase oil supply will result in an earlier and sustained market surplus throughout 2025.