GRAND RAPIDS, Mich. — It’s Tuesday, and we're discussing gas prices. A significant announcement came down from OPEC over the weekend: the organization has decided to increase oil production once again ...

Shares in major oil stocks gushed higher today after producers of the black stuff said they were squeezing supplies. Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, ...

VIENNA, Austria — OPEC oil ministers agreed Wednesday to trim overall output by more than 500,000 barrels a day in a compromise meant to avoid new turmoil in crude markets while seeking to bolster ...

OPEC+ has agreed to further raise oil production beginning in October as leader Saudi Arabia pushes to regain market share, while slowing the pace of increases compared with previous months due to an ...

The Wall Street bank said on Monday it was lifting its Brent estimate to $60 a barrel for the first half of 2026, up from $57.50. The Organization of the Petroleum Exporting Countries and its allies ...

LONDON, Sept 8 (Reuters) - OPEC on Monday released a compensation schedule from six of its members covering the period from last month and until June next year to make up for producing above their ...

OPEC has kept its global oil demand growth forecasts unchanged for 2025 and 2026, expecting continued robust economic growth to drive demand. The cartel anticipates global oil demand to reach an ...

LONDON, Oct 22 (Reuters) - Global oil prices are signalling that the market is tipping into a protracted period of oversupply, but the huge disparity in forecasts for OPEC’s production will likely ...

LONDON (Reuters) -OPEC made no changes on Thursday to its relatively high global oil demand growth forecasts for this year and next, and said the world economy was maintaining a solid growth trend in ...

LONDON (Reuters) -World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC report showed on Monday, marking a change from last month's ...