Senior ministers from Opec and its allies have kept to current plans to reduce production. Crude prices have spiked due to ...

OPEC oil output fell in September to its lowest this year, a Reuters survey found on Thursday, as unrest disrupted Libyan ...

OPEC said in a statement on Wednesday that a Wall Street Journal article reporting that Saudi Arabia's oil minister had said ...

Part of the issue is that members are not sticking to their pledged cuts. The Saudi minister called out Iraq, which surpassed ...

Saudi Arabia’s oil minister reportedly warned fellow producers that oil could drop to $50 if they don’t comply with agreed ...

Rebecca Babin, CIBC Private Wealth senior energy trader, joins 'Squawk Box' to discuss oil price trends, impact of Iran's ...

Crude oil futures ended with small gains. Saudi Arabia oil minister reportedly warned OPEC members that oil could drop to $50 ...

Saudi Arabia’s oil minister reportedly warned fellow producers that oil could drop to $50 if they don’t comply with agreed ...

Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.

The US antitrust regulator will allow Chevron Corp. to proceed with its $53 billion acquisition of Hess Corp. on the ...

Jefferies’ Omar Nokta said Opec’s signalling that it was shifting away from price protection and toward fighting for market ...

Heineken Lokpobiri, minister of state for petroleum resources (oil), says Nigeria will conform with the production quota set ...