Oil futures rose slightly for the session and fell slightly for the week as traders await a June 1 meeting of the Organization of the Petroleum Exporting Countries, which is expected to yield more ...

OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply ...

OPEC+ has helped sink crude prices since announcing 411,000-barrel hikes for May and June — equivalent to about 1% of current ...

Eight key OPEC+ nations will hold a video-conference on June 1 to settle July production levels. The full 22-nation alliance ...

The fact the meeting was moved to Saturday from Monday ... although that would still indicate a change in OPEC strategy and the risks are asymmetric, Babin says. “If it’s worse than we think ...

The concerns are primarily about Congress passing a bill that could possibly add $4 trillion to the mounting debt, with long-dated Treasury yields surging in recent days. Even equity traders are ...

OPEC+ is seeking to regain market share lost to shale producers over the past years, with the US now accounting for 22% of ...

OPEC’s Secretary General Haitham Al-Ghais said that the organization's outlook for the global oil market remains positive overall, despite recent econ ...