OPEC members move to raise production by 547,000 per day, finalizing the reversal of a 2.2 million-barrel cut. Energy Aspects ...

Venezuela's oil exports declined about 10% in July from the previous month as key partners of state company PDVSA awaited U.S ...

Drawn by more lucrative contract arrangements, smaller Chinese producers are on track to double their output in Iraq to ...

After months of work on a cease-fire and hostage release deal in Gaza that has appeared to reach an impasse, U.S. and Israeli ...

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...

OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...

U.S. light crude oil prices fell more than $1 a barrel in early trade in New York on a possible increase in production by ...

Texas Standard: That promise for U.S. Energy dominance is running into a flood of OPEC crude oil. Apparently, on Sunday, the ...

Over the weekend, OPEC finalized the return of 2.2 million barrels per day (bpd) to the global market, although delegates ...

Opec’s most recent production hike could just be the start of a run of good news for tankers. In addition to the bloc’s ...

Crude oil futures drop as OPEC+ increases production; market stability hinges on Russian oil flows and US penalties.