Oil prices are rising, even as production ramps up. Gold, on the other hand, is cooling off - not because of collapsing fundamentals, but thanks to a surprising wave of optimism. It’s the kind of ...

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

(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 ...

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

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 ...

Patterson-UTI faces margin pressure amid lower oil prices and OPEC+ risks. Click here to read why I am downgrading PTEN stock ...

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 U.S. sanctions on Venezuela. Image by Artem_Egorov via ...

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 ...

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 ...

Key OPEC+ nations are discussing making another production increase of roughly 400,000 barrels a day in June ahead of a video-conference to set policy on Saturday, delegates said. The group led by ...

The Organisation of Petroleum Exporting Countries (OPEC) has agreed to increase oil production for the second time in two months, adding 411,000 barrels per day to its production quota in June.