Taiwan was hit with a steep 32% U.S. tariff despite recent commitments to invest $165 billion in U.S. chip manufacturing.

The OPEC+ alliance unexpectedly announced a larger-than-anticipated supply boost for May, triggering a market-wide reaction.

OPEC+ nations’ bringing more production back to market combined with escalating tariffs as China announced 34% tariffs on all U.S. goods to make for a very bad week for oil prices. West Texas ...

The ministry reaffirmed Kazakhstan’s commitment to the OPEC+ agreements and emphasized its intention to continue constructive ...

In addition, the committee "valued the additional voluntary production adjustments made by the eight OPEC+ countries, which were announced in April and November 2023 in supporting market stability" ...

For most of this decade, the OPEC+ alliance has been the world's most stalwart defender of high oil prices. In just a few ...

Key OPEC+ nations reiterated the need for members to stick to oil output quotas after the group’s surprise decision to speed ...

Global crude markets rattled as Brent falls to $65.58, threatening Nigeria’s 2025 budget projectionsIn a dramatic turn for ...

Expectations of retaliatory tariffs from other countries has sparked consternation of an economic slowdown, or possible ...

A meeting of top OPEC+ ministers on Saturday is expected to make no new changes to oil ouptut policy, two delegates told ...

Oil prices plunged this week to $65 per barrel as the United States import tariffs and an unexpected OPEC+ supply hike erased ...

Dubai Oil markets witnessed a significant downturn as Brent crude, the global benchmark, tumbled over 13% in two days, settling just above $66 per barrel. This sharp decline follows the dual impact of ...