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

The oil cartel plans to increase supply yet again in a lunge for market share as crude prices sag. This suits India fine.

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

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...

Russia's crude oil shipments have dropped to their lowest level since February, as rising refinery runs outpace production, ...

Oil prices edged up to a two-week high on Tuesday as positive U.S. economic news, lower U.S. oil production and rising demand for oil products countered OPEC+ output increases and worries U.S.

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

Fueling The Conversation, Week of July 7th, 2025 Rumblings of another Middle East situation have grabbed headlines over the ...

AUD/USD consolidates latest gains below 0.6550 as RBA Governor Bullock's press conference gets underway early Tuesday. The Aussie's uptick was driven by the RBA's surprise policy decision. The RBA ...

Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...

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

TEHRAN - Iran has become the second-largest oil refiner among OPEC member states, with a daily refining capacity of 2.237 million barrels — accounting for 16 percent of OPEC’s total and 2.1 percent of ...