Oil prices fell on Friday on worries that U.S. tariff wars could spark a global recession, but gained for a third consecutive ...

US sanctions could further decrease Venezuelan and Iranian crude oil output, thereby tightening the global supply.

Rising U.S. trade tensions and looming OPEC+ talks drive volatility in oil and gas markets, with WTI holding near $71 and ...

As President Donald Trump's latest tariffs weigh on growth outlooks, OPEC+ members unveiled plans for an output boost that ...

OPEC+’s announcement comes just one day after President Donald Trump announced sweeping tariffs on dozens of countries.

The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned ...

Markets were therefore stunned when OPEC, which produces about 40% of the world's crude oil — along with its non-OPEC allies that together comprise OPEC+ — chose not only to go ahead with its ...

April 3 (UPI) --Eight OPEC oil-producing nations Thursday agreed to boost crude oil production beginning in May. OPEC said in a statement that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan ...

The OPEC+ group is set to begin its program of monthly increases to oil production in April. The group, which comprises OPEC and allies led by Russia, will likely continue to raise oil output in ...