Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...

OPEC+ blindsided oil market participants, again, with a larger-than-expected oil production hike for August. Instead of the widely expected 411,000 barrels per day (bpd), the group of eight OPEC+ ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

Oil prices held near a two-week high on Tuesday as investors assessed the latest developments on U.S. tariffs and a higher ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts.

Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...

Oil prices slipped on Monday after OPEC+ surprised markets by hiking output more than expected in August, while uncertainty ...

Markets are thirsty for oil because they are absorbing Opec+ production increases without building inventories, United Arab ...

Ministers and executives from OPEC nations, along with bosses of Western oil majors, stated on Wednesday that increased ...

Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...

Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...