The prospect of higher supply from OPEC and allies in the coming months will likely spell doom for oil prices.

Eight OPEC+ countries meeting on Saturday will likely agree a further accelerated oil output hike for June, four sources with ...

Oil Suffers Monthly Loss as Trump's Tariffs Make Beijing Request Negotiations With U.S.

Crude oil fell to end a second straight weekly loss, as key OPEC+ members reportedly discuss another production increase of ...

Exxon Mobil's first quarter profit slumped to the lowest level in years, stung by weaker crude prices and higher costs. The oil and gas giant earned $7.71 billion, or $1.76 per share, for the three ...

The largest western oil producers are mostly sticking with their growth plans for now, despite a 16% decline in crude prices ...

U.S. benchmark oil prices (CL.1) fell 18.6% in April - their biggest monthly loss since November 2021 - with some members of OPEC+ set to Saturday, two days earlier than previously planned, according ...

Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud ...

Oil prices on Friday were track for a weekly loss of 7%, failing to find support from broad [gains in the U.S. stock market]( ...

Exxon Mobil and Chevron reported better-than-expected first-quarter profit early Friday. Exxon executives claimed, despite pressure on prices and margins, their "strategy remains unchanged." Meanwhile ...

Oil prices finished lower on Friday, failing to find support from a rally in the U.S. stock market, as [various news reports said]( ...

Brent oil is losing ground as traders worry that OPEC+ will boost production despite trade wars. If Brent oil settles below ...