Oil prices fell to a four-year low in April and are expected to drop further amid uncertainties about global economic ...

(Bloomberg) -- Oil slumped as OPEC discussed making a second major production increase, inflaming concerns about swelling global supplies that have dragged down crude prices this year. West Texas ...

The OPEC+ members currently participating in voluntary production cuts will meet this ... a Bloomberg survey released Thursday showed that OPEC’s actual output fell by 200,000 bpd in April ...

OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction stemming from looming US sanctions on Venezuela. Output from the ...

Crude oil futures have dropped more than 3% Sunday after OPEC+ agreed to accelerate production increases for a second straight month in June by 411K bbl/day. "In view of the current healthy market ...

OPEC just pulled a plot twist. Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million bpd, according to a new Bloomberg ...

Stocks are opening lower on Wall Street and crude prices are falling to a four-year low after the OPEC+ group of oil-producing nations said it plans to increase output. The S&P 500 slid 0.7 ...

Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this ... a move to unwind production curbs much faster than had been expected. Prices are now deeper ...

Under such pressures, producers with higher costs, like shale drillers in the United States, which have been increasing output in recent years while OPEC restrained production, may be forced to ...