OPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels ...

Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman had agreed to voluntary additional reductions in production to keep barrels of oil off the market.

A team of officials from the International Monetary Fund will visit Angola this week, the IMF said, as the country edges ...

The fall in world oil prices this spring due to global trade ... we excel in creating stunning illuminated yacht names and logos, durable stainless steel yacht lettering, and cutting-edge LED ...

KARACHI: Extending its dovish streak, the State Bank of Pakistan cut its key interest rate by 100 basis points to 11% on ...

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Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...

Oil prices have fallen more than $2 a barrel after the OPEC+ group of oil producing nations said it plans to increase output.

Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...

Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...

Oil prices are experiencing a significant drop as Saudi Arabia plans to boost production and the trade war impacts demand.

For countries that depend heavily on oil revenue, dropping prices are worrisome. By Neil MacFarquhar Oil producing countries are bracing for a bumpy ride this year, with a precipitous drop in ...