The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) have decided to prolong their existing oil production cuts, eliciting a mixed response from …

Oil prices advanced in Asian trading on Wednesday, driven by expectations that major producers will maintain output cuts at their upcoming meeting and anticipation of …

Iran has approved a plan to raise its oil output to four million barrels per day

Brent crude futures declined 12 cents, or 0.1%, to USD 83.34 a barrel by 0041 GMT. U.S. West Texas Intermediate crude eased 8 cents, or …

Oil prices rose in early Asian trading on Monday, adding to last week’s gains as rescuers searched for Iran’s president after a helicopter crash