Shell Plc is working with advisers to potentially acquire BP Plc (formerly known as British Petroleum), amid a potential ...

Opec+ on Saturday announced oil production hikes in June for a second consecutive month, with a planned output increase of ...

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

Oil companies are braced for a toughest year since the coronavirus pandemic as lower crude prices squeezed their 2025 ...

OPEC+, which includes Russia, agreed to a large oil production hike in June, Reuters reported on May 4, citing five unnamed ...

OPEC+ agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision follows a surprise move in April by agreeing to a bigger-than-expected output hike for May despite ...

Oil prices plunged to a near four-year low on Monday morning which pundits expect will continue to push petrol prices lower.

Futures for the Dow Jones Industrial Average dropped 193 points, or 0.47%. Futures for the S&P 500 fell 0.52%, and Nasdaq ...

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

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...

Oil buckled after OPEC+ agreed to another bumper output increase, bolstering global supplies at a time when demand is ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...