US shale producers are turning up the heat on OPEC again — but this time the cartel’s adversaries aren’t a bunch of ...

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

Oil futures posted strong gains Monday after OPEC and its allies delayed plans to start unwinding production cuts by ...

Most major stock markets in the Gulf fell in early trade on Monday, following a decision by OPEC+ to delay a planned December ...

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

Charterers were also able to grab the upper hand in the suezmax market, pushing down average earnings 3% to $44,795 per day, ...

OPEC+ agreed to push back its December production increase by one month, the second delay to its plans to revive supply as ...

The development was blamed on crude oil theft and pipeline vandalism in the Niger Delta region. It was also noted that crude oil production fell short of the OPEC quota of 1.58 million barrels per day ...

Halliburton's global business is solid, but risks from OPEC+ and US slowdown may impact margins. Learn why HAL stock could ...