OPEC

HOUSTON—A decision by OPEC and allied countries to cut crude production through March delivered a late Christmas present for U.S. shale firms that have slashed costs, but any rise in ...

OPEC and its allies see oil inventories declining further in 2021 should producers extend supply curbs for three ...

LONDON—Oil prices fell on Monday on fears about the economic fallout from rising COVID-19 cases around the globe ...

Oil prices dipped July 13 as traders considered factors such as a surge in COVID-19 infections globally and ...

LONDON—The International Energy Agency (IEA) bumped up its 2020 oil demand forecast on Friday but warned that the ...

While the CCP (Chinese Communist Party) virus pandemic has dealt a body blow to global oil demand in ...

Oil prices fell to around $40 per barrel in early trading on Wednesday after reports that American Petroleum ...

Following a shock selloff in U.S. oil futures last month that saw prices dive into negative territory, oil ...

Commentary The Organization of the Petroleum Exporting Countries (OPEC) and its partners have been cutting production since September ...

White House economic advisor Larry Kudlow told CNBC on Wednesday that he expects the price of oil to ...

The International Energy Agency (IEA) said this week that global oil demand will fall by the highest amount ...

WASHINGTON—Oil-producing nations reached an agreement over the weekend to reduce output by a record amount, ending a weeks-long ...

Oil prices fluctuated on April 13 as the positive impact of major producers agreeing to record global output ...

BAKU/DUBAI/LONDON—OPEC and allies led by Russia agreed on Sunday to cut oil output by a record amount—representing around ...

Oil prices soared on April 2 after President Donald Trump said Russia and Saudi Arabia may soon reach ...

Saudi Arabia has fired the first salvo in an oil price war, slashing crude prices after OPEC's supply ...

Oil fell below $57 a barrel on Feb. 18, pressured by concerns over the impact on oil demand ...

Global oil demand is expected to suffer its first quarterly contraction in over a decade, according to the ...

WASHINGTON—As the new coronavirus epidemic continues to spread across China, fears of reduced travel and a global economic ...

For years, OPEC ignored the rise of the U.S. shale industry and came to regret its mistake. Now, ...

LONDON—OPEC said on May 13 that world demand for its oil would be higher than expected this year ...

WASHINGTON—Oil prices spiked to nearly a six-month high with the U.S. decision to further clamp down on Iranian ...

  BAKU, Azerbaijan—The investments needed to ensure stability in the global oil industry are returning after a downturn, but ...

After a two-week rally, oil prices fell more than 2 percent Jan. 14 as gloomy trade data from ...

Before its agreement to cut oil supplies even started, OPEC’s production plunged by the most in almost two ...

A series of mixed messages from The Organization of the Petroleum Exporting Countries (OPEC) cause oil price volatility ...

WASHINGTON—American sanctions on Iranian oil, despite waivers, will create supply shock in the near term, causing crude oil prices ...