President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...

OPEC+ shocked the market earlier this month with plans to ramp up crude output, setting oil prices up for their worst monthly ...

Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s ...

Eight member nations of the OPEC+ alliance are scheduled to convene on Saturday to deliberate on a potential further ...

(Bloomberg) -- Oil slumped as OPEC discussed making a second ... the Trump administration to ask what changes the US was seeking in relation to the production of precursor chemicals that are ...

OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy. With ...

Analysts expect oil prices to remain subdued short term, with a slow recovery later in 2025 as U.S. output declines.

Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...

(Bloomberg) -- Oil slumped as OPEC+ discussed ... approached the Trump administration to ask what changes the US was seeking in relation to the production of precursor chemicals that are used ...

Now the group of oil producers might add even ... OPEC+ has not confirmed the date change, but members of the group are expected to decide on production levels for June. "The market is getting ...