U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) ...

Oil prices tumbled below $60 per barrel for the first time since February 2021. Lower oil prices have been a blessing for a ...

Brent crude oil futures were already dipping to nearly $61 a barrel before this announcement, and prices might go below $60 ...

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

Crude oil was down 4% Sunday night, as OPEC once again announced a production increase, a move by OPEC that will eventually ...

Morgan Stanley analysts on Sunday said Saturday's announcement by OPEC+ that it will increase June output by 411,000 b/d for a second straight month will widen the supply surplus this year and next, ...

With the additional OPEC+ output, Morgan Stanley raised its expected supply surplus for oil liquids in the second half of this year to 1.1 million barrels a day from 700,000 barrels a day, and for ...

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Oil prices fell more than 1% on Monday after major oil producers, members of OPEC+ decided over the weekend to further speed ...

The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...