Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

Perceptions of oversupply among oil market participants from increasing OPEC+ output and uncertainty about the economic ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility ...

Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...

Crude oil futures settled at the lowest levels in more than four years after the decision by OPEC+ to accelerate its ...

Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...

Quota violations are common in Opec. Saudi leverage comes from spare capacity, used to discipline non-compliant members ...

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...

The outlook from Diamondback, one of the industry’s most prominent producers, marks a key shift for expectations within the ...

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...