In a bold move, Saudi Arabia has decided to increase its oil production despite the potential for a global oversupply. This ...

Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting ...

Tom Seng, EdD, provides a weekly analysis of oil and gas markets. Dr. Seng is Assistant Professor of Professional Practice in ...

Despite Friday's small gain, both crude benchmarks are on track to fall about $3. On Thursday, crude oil prices tumbled $2 after a news report said Saudi Arabia is ready to forgo its official $100/bbl ...

Oil prices were steady on Friday, but remained on track for a weekly fall as investors weighed expectations for higher global ...

Here's a look at what happened in oil markets in the week of Sept. 23-27, and what the focus will be in the days to come.

Oil futures edged higher in Friday dealings but remained on track for a weekly loss on expectations OPEC+ will boost production before year-end, as investors cast doubt on whether an aggressive round ...

Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...

The OPEC alliance is once more angling in on group compliance with oil output cuts, amid overproduction from heavyweight members Iraq and Kazakhstan.

Kremlin resolves to display public solidarity with Opec and its leader Saudi Arabia that has largely overlooked ...

A statement posted on OPEC’s website on June 2 revealed that the 38th OPEC and non-OPEC Ministerial Meeting will be held on ...

It hits a low of $65.29 and is currently trading around $67.80. The anticipated Libya output boost and production increase by ...