Oil prices in Russia dropped to a two-year low, falling below $50 per barrel — about 40% lower than what was planned in the ...

Oil prices staged a robust comeback on Tuesday, clawing back ground lost after OPEC’s surprise weekend announcement to boost production quotas by more than expected.

The crude oil markets both look like they are in the midst of trying to form a bottom at this point. The oil production numbers aren’t helping though, as OPEC continues to pump out a lot of supply in ...

Iraq exported crude oil and petroleum products worth $29.58 billion to India, maintaining a significant market share despite ...

President Trump’s tariffs and the trade war with China continue to affect global markets. Follow along for live updates on the Dow, S&P 500, Nasdaq and other markets.

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 ...

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.

Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...

Oil prices have entered a sharp decline, hitting their lowest levels in over four years – a development poised to bring ...