Exxon Mobil's second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ramped up production.

Oil market experts anticipate a sharp rise in global crude prices, with Brent potentially touching $100–$120 per barrel if US ...

Crude oil futures fell for a second straight session, ahead of a likely increase in production by OPEC+, while a weaker than ...

Earnings watch - Notable companies due to report include Palantir Technologies ( PLTR ), MercadoLibre ( MELI ), Wayfair ( W ) ...

Oil prices fell on renewed trade tensions and oversupply concerns.

Oil prices $2 a barrel on Friday because of jitters about a possible increase in production by OPEC and its allies, while a weaker-than-expected U.S. jobs report fed worries about demand.

OPEC+ is inching toward a pivotal decision this weekend: whether to greenlight another 548,000 bpd in production hikes for ...

ProPetro reported a $7.2M loss as Permian Basin energy markets struggle with falling prices, tariffs, and OPEC+ production.

Exxon Mobil’s profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase in production by OPEC+, but the results still managed to beat Wall Street’s ...

SUPPLY AND DEMAND: OPEC+ production increases are expected to continue into September, with the full extent of the 2.2 million barrels a day of voluntary production cuts returned to the market.

Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the ...