By Rebecca F. Elliott Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning ...

Oil prices reached a three-week high due to decreased U.S. inventories and concerns about tighter supply resulting from ...

Shale billionaire Harold Hamm this week accused the Biden administration of leaving the U.S. "unusually vulnerable" to a Middle East oil price ... when some OPEC members imposed an embargo on ...

Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East ...

oil prices be damned. The U.S. Energy Information Administration forecast that non-OPEC producers will add a collective 1.8 million barrels daily in output this year, which would be 200,000 bpd ...

Oil prices have faltered in recent weeks because of geopolitical tensions and potential weather-related production changes. That prompted OPEC+, which comprises OPEC countries and others ...

Source: FactSet By The New York Times By Stanley Reed Reporting from London Oil prices swooned on Wednesday ... Mexico and a decision by members of the OPEC Plus oil cartel to begin increasing ...

Despite statements about the possibility of lowering oil prices, this mechanism is unlikely to work against Russia. A more effective tool would be an embargo ... Arabia and OPEC to lower oil ...

Crude oil (CL=F, BZ=F) prices lag on Tuesday as OPEC+ is opting to hike its supply following pressures from the Trump administration, aiming to increase production from 138,000 barrels per day to ...

The increase in oil output comes as President Trump has called on OPEC countries to “cut the price of oil.” The Trump administration has repeatedly engaged with Saudi Arabia. The president’s ...

Oil prices fell sharply on Monday, reaching their lowest levels in 2025, following the unexpected decision by OPEC+ to restart some of its previously halted production. WTI crude fell 2% to settle ...

The group's choice may be yet another illustration of the sway of Trump, who last month called on OPEC to ‘cut the price of oil’. The Saudi Crown Prince Mohammed bin Salman has pledged to ...