Oil prices have fallen so much that U.S. producers were likely to cut back and could turn to layoffs, Apollo Global Management said, pointing to Dallas Fed survey data.

A bold Saudi-led move to reorder the global oil market with an aggressive ramp-up of OPEC+ supply is forcing Wall Street ...

Oil prices fell Monday after the OPEC-plus group of oil-producing nations said it plans to increase output. U.S. benchmark ...

Goldman Sachs reduced its oil price forecast following decisions by the Organization of the Petroleum Exporting Countries and ...

MUSCAT: Oman’s oil production is projected to rise to 775,000 barrels per day (bpd) in June 2025, up from the required ...

Brent tumbled by as much as 4.6 per cent towards US$58 a barrel. Read more at straitstimes.com. Read more at straitstimes.com ...

Goldman Sachs has cut its oil-price forecasts following a decision by OPEC+ to boost production by 411,000 barrels per day starting in June, the second-straight monthly increase for the cartel. Goldma ...

ASTANA – The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, ...

Market Talk Find insight on Shell, oil futures and more in the latest Market Talks covering the energy and utilities sector. Equinor Sells Stake in Brazil's Peregrino Oil Field for $3.5 Billion ...

The Australian sharemarket broke a seven-day winning streak after a major bank announced its half yearly result and the price ...

The S&P 500 is headed for its longest winning streak in more than 20 years. That doesn’t mean the worst is over for stocks.

Barclays anticipates that OPEC+ will phase out additional voluntary adjustments by October 2025. The bank also predicts a ...