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

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

OPEC+ appears to be prioritizing market share over high prices, potentially targeting U.S. shale by testing how producers respond to lower price environments.

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

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

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

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 ...

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

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

Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly ...

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