The OPEC+ alliance unexpectedly announced a larger-than-anticipated supply boost for May, triggering a market-wide reaction.

OPEC+ nations’ bringing more production back to market combined with escalating tariffs as China announced 34% tariffs on all U.S. goods to make for a very bad week for oil prices. West Texas ...

In addition, the committee "valued the additional voluntary production adjustments made by the eight OPEC+ countries, which were announced in April and November 2023 in supporting market stability" ...

Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.

While tariffs could risk a global slowdown, a powerful group of oil producers still thinks the world needs more crude. The Organization of the Petroleum Exporting Countries and its allies, known as ...

Oil majors saw their stocks nosedive Thursday and Friday as the one-two punch of US President Donald Trump’s sweeping tariffs ...

For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few ...

Saudi Arabia's anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ ...

The plunge in oil prices on Friday presented a different layer of complexity for OPEC and its allies as it plans more output ...

While gas prices are march upward this week due to the seasonal switch to "summer gas," predicting where they will land is ...

The surprising decision of OPEC+ to increase oil production by a hefty amount for May leaves the market better supplied over ...

Oil prices have sold off heavily as the market deals with a potential demand hit from tariffs and a surprise supply increase ...