The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

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

OPEC+ jolted markets by announcing it would flood the market with more oil.

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.