With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

Brent crude prices had a poor finish on Wednesday, but still recorded its third consecutive day of gains as supply fears ...

Nigeria has finally met the quota set for it by the OPEC, a report by the Nigerian Upstream Petroleum Regulatory Commission ...

Trump cannot command US oil to "drill baby, drill" as they will act in their own self interest. Likely, US oil will verbally ...

While crude oil prices (CL=F, BZ=F) get buoyed slightly higher Wednesday morning, energy giant Occidental Petroleum (OXY) ...

President Trump's push for lower energy costs by increasing oil production may inadvertently raise prices, experts caution.

Mark Rachal, director of research and publications, explains how OPEC helped the United States become the world’s largest ...

THE Organisation of Petroleum Exporting Countries (OPEC), said Nigeria’s average daily crude oil production has increased ...

Russia has denied reports that OPEC+ is considering delaying the planned increase in oil production, confirming that the ...

The oil market is showing limited reaction to changes by President Trump, including threats against OPEC and tariffs on key crude suppliers.