The prospect of higher supply from OPEC and allies in the coming months will likely spell doom for oil prices.

More good news for motorists at the fuel pumps from 7 May 2025. Image: Reuters Starting Wednesday, South African motorists ...

EDT, the S&P 500 gained 1.58%, the Dow Jones Industrial Average rose 1.49%, the Nasdaq Composite surged 1.76%.

OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst ...

Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud ...

Oil prices finished lower on Friday, failing to find support from a rally in the U.S. stock market, as [various news reports said]( ...

Goldman Sachs on Friday said it expects OPEC+ to announce a second consecutive increase in supply for June on Saturday, due ...

Crude futures posted back-to-back weekly losses as the market awaits the outcome of the OPEC+ weekend meeting.

Eight member nations of the OPEC+ alliance are scheduled to convene on Saturday to deliberate on a potential further ...

WHAT'S AHEAD: Key members of the OPEC+ alliance are soon set to convene virtually to discuss June output in a meeting that could determine the trajectory of crude in the coming weeks. According to ...

The OPEC+ members currently participating in voluntary production cuts will meet this Saturday, May 3, instead of Monday, May ...

Chevron Corp. beat earnings expectations and the oil giant said it’s prepared for the cyclical changes in the market.