Oil was down and Commerzbank Research said OPEC+’s strategy to keep prices lower to curb supply from rival producers outside the alliance and help reduce global oversupply appeared to be bearing fruit ...

Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it. Exxon flags potential hit in profit just as OPEC and allies announce larger production increases. Oil futures ...

TEHRAN - Iran has become the second-largest oil refiner among OPEC member states, with a daily refining capacity of 2.237 million barrels — accounting for 16 percent of OPEC’s total and 2.1 percent of ...

AUD/USD consolidates latest gains below 0.6550 as RBA Governor Bullock's press conference gets underway early Tuesday. The Aussie's uptick was driven by the RBA's surprise policy decision. The RBA ...

Oil prices eased on Tuesday following a nearly 2% surge the previous day, as markets digested escalating U.S. tariff tensions ...

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

The increase of oil output has mostly come from Saudi Arabia, in a show of confidence that oil is in demand despite concerns ...