OPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels ...

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

Oil and gas giant Canadian Natural Resources Ltd. says it can weather a crude price much lower than where it's been trading ...

TORONTO – Canada’s main stock index closed down along with U.S. markets as trade worries and a drop in the oil price weighed.

(FILES) The logo hangs at The Organization of the Petroleum ... month of June at the risk of driving down already very low prices. Saudi Arabia, along with Russia and six other members of the oil ...

Edible oils account for around 64% of the company's annual revenue, followed by packaged foods and other fast-moving consumer ...

Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...

"The solution to low prices is low prices," Rob Thummel, senior portfolio manager at Tortoise Capital, told BI. Thummel said he expects oil prices could fall to the low $50s per barrel in the ...

The move tanked already low oil prices and left traders scratching their heads over the motivations behind such a move. Now, some observers are connecting the dots: a quota hike makes more sense ...

Oil is cheaper than it has been since early 2021, when the price of a barrel of crude was still recovering from its pandemic ...

Two significant events reverberated through the Canadian oilpatch on Monday, with Parkland Corp. accepting a $12.6-billion ...