Opec

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Photograph: iStock

Oil prices rose on Tuesday, with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a virtual(...)

Global oil prices have crashed after the coronavirus pandemic reduced demand. Photograph: Jane Barlow/PA Wire

Oil prices slumped again on Tuesday amid concern about dwindling capacity to store crude worldwide, heightened by fears that fuel demand may be slow t(...)

Photograph: iStock

Oil prices slumped again on Monday on concerns over scarce storage capacity, especially in the United States, and global economic doldrums from the co(...)

Three-phase spheroids stand behind pipelines at Saudi Aramco’s crude oil processing facility, in Abqaiq, Saudi Arabia.

Oil resumed its decline to trade near $15 a barrel as swelling global crude stockpiles made it more difficult for leading producers to balance the mar(...)

Photograph: iStock

The telephone lines have been ringing at Adler Tank Rentals in Texas as oil companies found a new use for steel tanks that had been left idle when sha(...)

Coronavirus has sent the oil sector into a state of crisis, with lockdowns and travel bans slashing global demand for crude by as much as a third. Photograph: Johannes Eisele/AFP

The price of US crude oil for June delivery almost halved on Tuesday and Brent, the international benchmark, dropped below $20 per barrel for the firs(...)

The S&P 500 was down roughly 2% in early afternoon trading on Monday, shaving some of the 12% gain it made last week

ADAM SAMSON in London, and DANIEL SHANE in Hong Kong US stocks lost momentum after their biggest weekly rally since 1974 as investors braced for earni(...)

Following talks on Thursday, OPEC, Russia and other allies outlined plans to cut output by more than a fifth

Oil producers in the OPEC+ group, led by Saudi Arabia and Russia, were expected to pressure Mexico on Friday to seal an accord for a collective cut in(...)

Traders on the floor of the New York Stock Exchange. Photograph: Mark Abramson/New York Times

European stock markets gained for a fourth straight day on Thursday with sentiment propped up by the latest round of stimulus from the US Federal Res(...)

Traders work during the closing bell at the New York Stock Exchange. Photograph: Timothy A Clary/AFP via Getty Images

Oil rebounded after plunging to the lowest level in 18 years as investors weigh efforts by policy makers across the globe to strengthen economies agai(...)

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