Goldman Sachs cuts its oil-price forecasts on assumptions of higher OPEC+ supply, three Commodities Research team members say in a report. OPEC+ decided Saturday to increase June production by 411,000 ...

Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook ...

U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

Oil buckled after OPEC+ agreed to another bumper output increase, bolstering global supplies at a time when demand is ...

IEA, OPEC, and EIA all revised 2025 growth down by 150,000–400,000 bpd amid worsening trade and economic outlooks.

MUFG forecast an oil oversupply of 1.1 million barrels a day in 2025, with Brent crude at an average of $66 a barrel, from $73 a barrel previously.

Crude oil futures closed lower for a third straight day, hit by a surprise Q1 contraction in U.S. economic activity and a Reuters report that Saudi Arabia is prepared to handle a prolonged period of ...

China, hit with the steepest of those tariffs, has responded with its own levies against U.S. imports, stoking a trade war ...