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

When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs ...

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

US President Donald Trump said that the decline in oil prices is increasing pressure on russia and increasing the likelihood ...

OPEC’s weekend move to raise quotas—reportedly by triple what most expected—initially sent prices tumbling. But the fine ...

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

Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...

Oil prices rallied on Tuesday, recovering most of the losses that came from the OPEC+ decisions to unwind its production cuts ...

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

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

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

Oil prices climbed about 3% on Tuesday on signs of higher demand in Europe and China, lower production in the US, tensions in the Middle East and as buyers emerged the day after prices fell to a ...