Saudi Arabia's anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ ...

Iran and Russia have also been ramping up exports. Energy analysts say Saudi Arabia may have thrown in the towel and switched ...

Saudi Arabia's unexpected decision to increase oil output within the OPEC+ group highlights its frustration with ...

Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a ...

President Trump’s sweeping tariffs combined with OPEC’s unexpectedly large production hike are combining to trigger a “double ...

Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — were weighing on the market.

For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few ...

Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...

Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6 ...

Saudi Arabia, UAE and Oman have joined other OPEC+ members in a decision to increase oil output. The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and ...

OPEC is planning to increase its oil production quotas, but Trump's tariffs and threats to other nations will cause prices to ...