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Oil prices jumped higher Thursday after OPEC+ countries allowed crude production to rise only slight...
The price of the main United States oil contract, WTI, jumped more than five percent higher at one p...
The OPEC+ ministerial meeting came after the COVID-19 pandemic tanked the market for crude in 2020....
Oil prices extended gains, with investors relieved that OPEC and other major producers had reached a...
Global benchmark Brent crude prices rose 1 percent to their highest since early March on Thursd...
In April, OPEC members agreed to cut production by 7.7 million barrels per day (bpd), which was mean...
Hong Kong, Sydney, Seoul, Singapore and Jakarta were all down but Shanghai rallied more than one per...
Brent crude was down by 53 cents, or 1.3 percent, at US$41.24 by 0052 GMT. US West Texas Intermediat...
Last month, ministers of OPEC nations and other major oil producers stuck to an agreement to lower p...
Founded in Baghdad on Sept. 14, 1960 to counter the power of seven US and British oil companies, OPE...