Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower prices.

The US Treasury Department sanctioned six people and seven businesses it said have been involved in a money laundering ...

China and Mexico and a decision by members of the OPEC Plus oil cartel to begin increasing crude production in April. Since last year, OPEC Plus has signaled its intention to pump more oil ...

The OPEC+ is set to meet on Thursday, with a Reuters report suggesting that some members of the cartel will increase ...

OPEC+, the global oil cartel led by Saudi Arabia, announced on Monday that it would begin increasing oil production starting in April, gradually unwinding production cuts made in November 2023.

He is behind the oil cartel’s decision to raise output. Bin Salman anticipates that Trump will tighten sanctions on Iran, which will reduce global supplies; OPEC is delighted to step up.

The U.S. announcement that Washington will impose a 25% tariff on any country that purchases Venezuelan oil or gas has ...

The United States will impose a 25% tariff on imports from any country that purchases oil products from Venezuela, President ...

The Saudi-led cartel said its members would start gradually pumping more oil in April. By Rebecca F. Elliott Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC ...

Oil prices rebounded on Friday after Russia’s deputy prime minister suggested oil cartel Opec+ could reverse a plan to increase crude production. Alexander Novak said that while Opec+ would proceed ...

The cartel itself also signaled the possibility ... Trump is seeking "maximum pressure on Iran," which includes reducing the country's oil exports to zero. This could create a supply gap for ...