The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...

Opec+’s repeated decisions to boost oil output signal an acceptance by Saudi Arabia that it is unable to push prices higher, ...

Oil dropped after OPEC+ agreed to another large output increase, raising concern that additional supply could lead to a ...

With OPEC+’s more aggressive policy shift Capital Economics forecasts Brent crude at $60 by the end of 2025 and $50 by the end of 2026.

A Supreme Court Ruling Has Changed the Rules-and the Energy Equation Could Shift FastWASHINGTON, May 13, 2025 (GLOBE NEWSWIRE) -- With infl ...

Saudi Arabia has signalled it is willing to enter a painful price war to assert dominance over other oil producers, but ...

"Raising oil production to lower prices and shift focus to these issues is strategic ... we concluded that the optimal strategy for oil-producing [countries] would be to increase supply to ...

Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market ...

Oil prices plummeted after OPEC+ announced increased production, raising concerns about a potential supply glut amidst ...

Brent tumbled by as much as 4.6 per cent towards US$58 a barrel. Read more at straitstimes.com. Read more at straitstimes.com ...

Strategy shift has sent prices plunging, 'punishment' for overproducing members Oil buckled on concerns of a global glut after ... Overproduction The decision by OPEC and its allies was taken ...