Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...

Oil prices opened $1 dollar higher following the weekend to trade at 73.80 a barrel when markets opened. Click to read.

Yet again, OPEC has postponed plans to increase oil production until at least the end of the year. That drove oil futures ...

"This delayed supply increase means that maybe the group is more willing to support prices than many believe." For its part, ...

Saudi Arabia and allied oil producing countries say they will postpone a plan to gradually increase oil output until the end ...

OPEC+ delayed a planned increase in oil production, causing prices to rise as analysts debate the long-term impact on the market.

The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...

Eni CEO criticizes OPEC+'s oil production management strategy, arguing it creates price volatility and discourages investment in new oil and gas production.

OPEC+ oil supply cuts and recent efforts to unwind them have increased volatility in energy markets and hampered investment in new production, the CEO of Italian energy company Eni said on Monday.

Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary ...

OPEC oil output rebounded in October from its lowest this year the previous month as Libya resolved a political crisis, a Reuters survey found, although a further Iraqi effort to meet its cuts pledged ...

Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by ...