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 ...

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" ...

Since U.S. President Donald Trump unveiled his “Liberation Day” tariffs to the world this week, the oilpatch isn’t feeling a ...

The combination of the tariffs and the Saudi-led response dropped Brent crude oil prices down to just $65.58 a barrel.

Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.

While tariffs could risk a global slowdown, a powerful group of oil producers still thinks the world needs more crude. The Organization of the Petroleum Exporting Countries and its allies, known as ...

Oil majors saw their stocks nosedive Thursday and Friday as the one-two punch of US President Donald Trump’s sweeping tariffs ...

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

Saudi Arabia's anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ ...

OVERVIEW: Oil prices sank to their lowest in more than three years as a rapidly escalating trade war and surprise output raise by OPEC+ sent global markets spiraling. The international oil benchmark, ...