Futures Movers Oil prices jump despite OPEC+ announcing another sharp production hike Crude prices are expected to fall in the long term as Saudi Arabia and other big oil producers move to regain ...

Russian oil production slumped in 2024, according to the latest figures. Pictured is a fuel tank farm of Russian oil pipeline giant Transneft on December 13, 2023. NATALIA KOLESNIKOVA/Getty Images ...

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries that have repeatedly delayed production increases will now move forward ...

U.S. shale oil production is poised for a significant boost, with BloombergNEF (BNEF) forecasting a 4.5% increase in output to 13.9 million barrels per day by 2025. This represents an additional ...