Oil futures snap a three-day winning streak with the approach of the U.S. tariff deadline and the OPEC+ meeting that's expected to bring another large output increase for September. A rash of U.S.

The oil cartel - which produces 40 percent of the world’s total oil output - agreed to further increase output in August.

Sunday's U.S.-EU framework trade pact sets an import tariff of 15% on most EU goods, while U.S. President Trump said the deal calls for $750 billion of EU purchases of U.S. energy in coming years.

The oil price swings after the June 2025 bombing of Iran’s nuclear facilities are a stark reminder that volatility is not a ...

An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday's separate ...

Oil gained as technical support turbocharged a rally sparked by progress in international trade talks, undercutting a US move to restore Chevron Corp.’s ability to pump oil in Venezuela.

A weaker US dollar has offered some limited support to oil prices, making crude slightly cheaper for buyers dealing in other ...

A key difference in crude oil demand forecasts between this year and 2024 is that both OPEC and the International Energy ...

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...

Nigeria’s average daily crude oil production exceeded its OPEC quota in June 2025, marking the second time this year the country has surpassed its production limit.

OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and refineries' crude intake would remain elevated to meet the uptick in summer ...

OPEC says world economy may do better in second half of year "With this, the second-half 2025 economic growth may turn out better than currently expected." The OPEC+ producer group, comprising the 12 ...