Oil futures rebounded, and Capital Economics cut its year-end price forecast for Brent to $60 a barrel from $70, and for the end of 2026 to $50 from $60.

A gas expert is providing optimism for the Pittsburgh area regarding the future of gas prices. Prices have dropped below $3 a ...

Quota violations are common in Opec. Saudi leverage comes from spare capacity, used to discipline non-compliant members ...

Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...

Two significant events reverberated through the Canadian oilpatch on Monday, with Parkland Corp. accepting a $12.6-billion ...

The Organisation of Petroleum Exporting Countries (OPEC) has agreed to increase oil production for the second time in two months, adding 411,000 barrels per day to its production quota in ...

Crude prices rise as oversold signals and weaker U.S. output offer near-term support ...

Driven by expectations that production will exceed consumption, oil has lost over 10% in six straight sessions. Oil gained more than $1.50 per barrel on Tuesday, rebounding on technical factors and ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

OPEC+'s decision to aggressively increase oil supply will result in an earlier and sustained market surplus throughout 2025.

Falling crude oil prices spell good news for the Indian economy and in turn the domestic stock market. Analysts are bullish ...

Nigeria, Africa’s largest oil producer, has been left out of a new output increase arrangement by eight members of the OPEC, ...