The Coast Guard rescued 32 people from a sinking yacht off the coast of Miami Beach. The $4 million yacht has a capacity of ...

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to ...

U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

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

Goldman Sachs reduced its oil price forecast following decisions by the Organization of the Petroleum Exporting Countries and ...

Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output ...

Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) ...

If there is one thing that is almost certain in the current global crude oil market, it’s that the stated reasons for the Organization of Petroleum Exporting Countries (Opec) group of oil exporters ...

Brent crude oil futures were already dipping to nearly $61 a barrel before this announcement, and prices might go below $60 ...

Morgan Stanley analysts on Sunday said Saturday's announcement by OPEC+ that it will increase June output by 411,000 b/d for a second straight month will widen the supply surplus this year and next, ...

With the additional OPEC+ output, Morgan Stanley raised its expected supply surplus for oil liquids in the second half of this year to 1.1 million barrels a day from 700,000 barrels a day, and for ...