Oil prices dropped more than $1 per barrel on Monday, settling at their lowest levels since February 2021, as OPEC+ accelerated its planned production increases amid growing concerns about global ...

NEW YORK] Oil fell by more than US$1 a barrel on Monday to settle at over four-year lows as an Opec+ decision to expedite its ...

Oil prices are falling further as OPEC and its allies plan to ramp up production. That could be a bonus for the U.S. consumer as recession risks still lurk. Oil prices are sitting at around $60 a ...

Saudi Arabia, Russia and other members of OPEC+ announced another major production increase, sending oil prices below $60 a ...

Oil prices fell more than 2 per cent on Monday after OPEC+ decided over the weekend to further speed up oil output hikes, ...

Brent crude has plummeted to $60.00 per barrel, its lowest level in four years, as Saudi Arabia shifts strategy and global ...

OPEC+ decided to increase its production hike for the second time over the weekend, causing prices to slump again this morning.

Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, adding to fears of over-supply of crude. In ...

The Q1 2025 deficit is more than three times the SR12 billion recorded in the same quarter last year. The decline in overall ...

Oil prices fell by more than $1 a barrel on Monday after OPEC+ decided to accelerate its output hikes, causing concerns about ...

Saudi Arabia and India are facing challenges in initial talks regarding Saudi investment in Indian refineries, primarily due ...