Oil prices dropped significantly during Asian trading hours on Monday after OPEC+ revealed plans to raise production by more ...

ICE Brent is trading lower after OPEC+ agreed on a larger-than-expected supply hike of 548k b/d for August, more than the ...

The surprising decision of the Organization of the Petroleum Exporting Countries and allies to increase oil production by a hefty amount for May leaves the market better supplied over April-June.

This may have had an impact, as OPEC ministers announced an increase in supply to 648,000 barrels a day, a 50% increase from the expected 432,000 barrels a day. Download Q.ai today for access to ...

Frustrated by OPEC's gradual supply increase plan and growing outcry about rising gas prices, President Joe Biden announced last week that that the U.S. and other nations would tap into their ...