Markets were stunned when OPEC+ when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

As President Donald Trump's latest tariffs weigh on growth outlooks, OPEC+ members unveiled plans for an output boost that ...

President Trump’s sweeping tariffs combined with OPEC’s unexpectedly large production hike are combining to trigger a “double ...

Crude oil plunged by the most in nearly three years as concerns about weaker demand due to tariffs were exacerbated by the ...

Oil prices experienced a sharp decline this week due to the announcement of U.S. tariffs on trade partners and OPEC+'s ...

Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a ...

President Trump’s tariffs have raised fears of a recession just as projections for global oil supply have jumped.

"As a result, unlike the other countries, Kazakhstan is not allowed to increase production any further, but has to reduce it. The oversupply on the oil market is now likely to be larger in the second ...

Crude oil prices plummeted to near multi-year lows following President Trump’s reciprocal tariff announcement, with a ...

Oil market fundamentals support the OPEC+ decision to increase May’s crude oil production by three times more than what the ...

West Texas Intermediate futures are down 6% this week, touching an almost two-year low of US$65.21 ($87.35) a barrel.

Crude oil futures decline as OPEC+ increases production; market dynamics impacted by US tariffs, impacting global energy ...