Crude oil futures fell for a third straight session Friday, as market expectations are growing that OPEC+ will agree at Sunday's meeting to push more barrels into the market to regain market share.

A pumpjack and a Yellowjacket Oilfield Services fracking rig sit next to Highway 191 in Midland County. (Odessa American File Photo) In clear move to take global oil market share from Permian Basin ...

OPEC+ production increased by 349,000 bpd in June, less than the planned 411,000 bpd hike. Saudi Arabia reported output above quota but said excess barrels were stored, not supplied. Iraq restrained ...

[Stay on top of transportation news: Get TTNews in your inbox.] OPEC bolstered crude production last month as the group and its allies continued to revive halted supplies, according to a Bloomberg ...

OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over potential ...

OPEC increased its global oil demand growth estimate for 2026 to 1.38 million barrels per day, citing stronger economic performance in key regions. The cartel also revised down its forecast for ...

OPEC and its allies agreed to a modest 137,000-barrel-per-day output increase for November, mirroring October’s move. The cautious hike aims to stabilize prices and reclaim market share from U.S.

LONDON, Aug 12 (Reuters) - OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the United States and other producers outside the ...

Many groups, including the International Energy Agency, predict that the world’s peak oil production is close, and global oil demand will drop starting in the next decade as more renewables come ...

LONDON, July 15 (Reuters) - OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and refineries' crude intake would remain elevated to ...

OPEC continued to project a substantial supply deficit in global oil markets this year and next even as the group revives production, a view that clashes with the wider industry. The Organization of ...

Hedge funds chopped their bullish position on US crude to the lowest on record as the OPEC+ alliance’s latest decision to boost production compounded already-gloomy forecasts that the world is heading ...