Key Takeaways Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to ...

Following suit from the previous month, OPEC + has decided upon proliferating oil production, resulting in a challenge to the U.S. shale supply, whilst resulting in a plunge in oil prices.

Goldman Sachs trimmed its oil price forecasts, saying it expects the Organization of the Petroleum Exporting Countries and its allies to continue accelerating output hikes. The cartel and its allies ...

State-owned oil giant Saudi Arabian Oil Co., known as Aramco, set its official selling price for June loadings of Arab Light to Asia at $1.40 a barrel over the Oman/Dubai average, from $1.20 a barrel ...

Saudi Arabia has increased the price of its flagship crude grade loading for Asia in June, even as OPEC+ decided to continue ...

OPEC+ output hike drives bearish crude oil outlook as demand concerns and rising inventories weigh on oil prices and futures ...

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, the world's top oil exporter, increased its prices for Asian buyers despite crude prices falling on Monday ...

Disney’s chief executive Bob Iger built his reputation on doing some of the most momentous deals in the media industry. With ...

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

Notably, around 11% of traditional assets are held in cash – suggesting these investors are biding their time, anticipating ...