The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

President Donald Trump confirmed that tariffs are set to go into effect Aug. 1, extending the original deadline of July 9.

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...

However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...

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OPEC leader Saudi Arabia is aiming to regain market share amid US shale competition and slow Chinese demand. Oil prices could ...

OPEC and its allies agreed to a larger-than-expected production hike for the fourth straight month, fueling concerns about a ...

Oil declined after OPEC agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.

NEW YORK (AP) — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 ...

The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...