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

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

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...

Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has ...

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

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...

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

Even OPEC's output decision was regarded as a non-threat in some quarters, specifically, FGE, whose analysts wrote in a note that the actual month-on-month rise will be generally smaller because Iraq ...

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

Crude oil shook off early negative reaction to the bigger than expected OPEC+ output increase to settle higher, as OPEC's ...

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 ...

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