A supply glut tends to reduce prices, which could prove challenging for President-elect Trump’s plan to boost U.S. oil ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

OPEC lowered its forecast for global oil demand growth for 2024 and 2025 on Tuesday, highlighting weakness in China, India and other regions, making the producer group’s fourth consecutive downward ...

OPEC+ reduced its oil production by 283,000 barrels per day in October, causing the alliance’s supply to fall short of its ...

OPEC lowered its global oil demand growth outlook for 2024 and 2025 for the fourth consecutive month, citing a decline in ...

Russia's crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of ...

In Opec’s latest monthly report the group cut its forecast for China’s oil demand growth to 580,000 bpd, down from a peak ...

"There are other people willing to supply at the same competitive rate because the OPEC position is they don't deal with ...

Oil prices fluctuated as the optimism surrounding Donald Trump’s election victory clashed with bearish US market data. West ...

OPEC oil output rebounded in October from its lowest this year the previous month as Libya resolved a political crisis, a ...

No reason was given for the move, which comes ahead of the U.S. presidential election on Tuesday. In June, OPEC said 2.2 million barrels a day in voluntary cuts were extended until September but would ...

Yet again, OPEC has postponed plans to increase oil production until at least the end of the year. That drove oil futures ...