The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

When US President Donald Trump was inaugurated to his second term as president on Jan. 20, oil prices were close to the highs ...

US President Donald Trump said that the decline in oil prices is increasing pressure on russia and increasing the likelihood ...

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...

The outlook from Diamondback, one of the industry’s most prominent producers, marks a key shift for expectations within the ...

OPEC’s weekend move to raise quotas—reportedly by triple what most expected—initially sent prices tumbling. But the fine ...

Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...

Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...

President Trump’s tariffs and the trade war with China continue to affect global markets. Follow along for live updates on the Dow, S&P 500, Nasdaq and other markets.

Oil prices rallied on Tuesday, recovering most of the losses that came from the OPEC+ decisions to unwind its production cuts ...

Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...

On May 1, US President Donald Trump announced in three sentences in his Truth Social post that "any country or (individual) ...