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

Oil crept higher as Saudi Arabia surprised customers in Asia by hiking prices for its main crude grade, signaling a vote of ...

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding 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.

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.

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

NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...

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

Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...

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