Exxon Mobil’s profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase ...

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to further hike oil production in a meeting ...

OPEC+ has reached a preliminary agreement to raise oil production by 548,000 barrels per day starting in September, according ...

OPEC+ plans to raise oil output by 548,000 barrels/day in September, reversing 2023 cuts and signaling a major shift toward ...

OPEC+ members have agreed in principle on another bumper oil production increase for September, according to a delegate, as ...

Beneath today’s seemingly stable oil prices lie transformative shifts in Asian demand, supplier dynamics, and OPEC+ cohesion ...

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.

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

Oil futures fell for a second straight session as a weak U.S. employment report added economic worries to concerns about U.S. tariffs curbing demand.

Oil prices $2 a barrel on Friday because of jitters about a possible increase in production by OPEC and its allies, while a ...

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.