The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned ...

OPEC member countries monitor the market and decide collectively to raise or lower oil production in order to maintain stable prices and supply ... OPEC issues an embargo against the United ...

Oil prices tumbled after OPEC+ agreed to increase crude production for the first time since October 2022. The oil producers’ group, which is led by Saudi Arabia and Russia, said on Monday it had ...

0031 GMT — Oil prices are mixed in the early Asian session, but may be weighed by looming OPEC+ production increase. OPEC+ has announced that it would gradually reduce its voluntary production ...

who has repeatedly called on OPEC “to reduce the price of oil.” OPEC always publicly claims that it doesn’t mingle politics with market decisions. But in the current geopolitical situation ...

but threats to global supplies have helped prices recover their losses in March. Tighter U.S. sanctions on Iran and Russia, threats of sanctions on buyers of Venezuelan oil and concerns over a ...

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 ...

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 ...

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 ...

Oil prices held steady on Monday as concern over ... will assess monthly reports from the International Energy Agency and OPEC for demand and supply forecasts.

Prices for oil, meanwhile, failed to find support from an improvement in Chinese economic data. Myra P. Saefong, assistant global markets editor, has covered the commodities sector for MarketWatch ...