OPEC+ members, including Saudi Arabia and Russia, have agreed to increase oil production by 548,000 barrels per day starting ...

Oil markets are absorbing OPEC+ production increases without building inventories, which means they are thirsty for more oil, ...

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

The oil market needed the latest super-sized supply increase that OPEC+ announced at the weekend, the United Arab Emirates energy minister said, offering one of the first public justifications for the ...

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

Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly increase in output, and signaled another 550,000 bpd rise in September ...

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

Bob McNally, Rapidan Energy Group founder and president, discusses OPEC+'s recent decision to increase oil production for the ...

War can lead to ‘complications on energy producers’ and hardships on national economies, Iran’s oil minister warned on ...

The moderation in prices comes after Trump issued formal notifications to several trading partners that significantly higher ...

The weekly Department of Energy/Energy Information Administration average weekly retail diesel price rose 1.2 cents/gallon ...

Oil markets have largely ignored the overtly aggressive production policy of OPEC+, with geopolitical fears keeping Brent ...