Oil prices settled marginally lower on Monday as OPEC's plans to increase oil output once again outweighed hopes of a trade ...

The more-active Nymex December ULSD contract was off by 0.9ct to $2.40/gal and the November contract, which expires at the end of Friday trading, was 3.4cts lower at $2.421/gal. The December RBOB ...

Oil futures posted their third straight monthly loss with underlying concerns about oversupply keeping a lid on geopolitcally driven rallies.

Crude oil futures ended little changed, as traders continue to assess the eventual impact of US sanctions on Russian oil that ...

OPEC 12 output for July 2025 was revised higher by 25 kb/d and August 2025 output was revised lower by 32 kb/d compared to ...

Iraq was in negotiations over the size of its quota within its available capacity of 5.5 million barrels per day.

Oil and natural gas markets remain in consolidation as traders await key triggers from the Fed and OPEC, while the US Dollar ...

Iran’s crude oil production rose by 44,000 barrels per day (bpd) in September, reaching 3.25 million bpd, according to the latest monthly report from the Organization of the Petroleum Exporting ...

Discover how OPEC, the global oil cartel, influences oil prices and production in 2024. Learn about its member nations, history, challenges, and current strategies.

Saudi Arabia is caught between Donald Trump and a hard place, as the U.S. president’s latest oil sanctions on Russia force ...

OPEC is ready to offset any shortage in the oil market by rolling back its output cuts, as signs show demand is shifting to ...