News

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
In a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy ...
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
OPEC+ jolted markets by announcing it would flood the market with more oil.
Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has ...
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...
NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.
OPEC-member Nigeria has seen a withdrawal of oil majors from onshore and shallow water fields that have been taken over by ...