OPEC’s control of the oil market has been diminishing over the past year, and now it seems to have nearly vanished. That is a ...

OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...

Saudi Arabia’s sway over OPEC long meant dominance of the global oil market. But the cartel’s fractious members are pushing to pump more, in part due to the expectation of growing competition from U.S ...

OPEC+ faces a dilemma: easing production cuts risks further price drops below $70 per barrel, but maintaining cuts supports ...

Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...

Extensions to the operating life of four nuclear power stations have been confirmed by Centrica, which holds a 20% stake in ...

OPEC+ appears to have successfully supported oil prices by suggesting it would extend its production cuts into the first ...

Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ ...

Output for August 2024 was revised higher by 4 kb/d and September 2024 output was revised higher by 25 kb/d compared to last ...

The Organization of Petroleum Exporting Countries (OPEC) and its allies, known as the OPEC+, will decide their production ...

Oil prices firmed on Wednesday as market participants weighed up geopolitical tensions and the prospect of OPEC+ extending ...

OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered ...