Ministers and executives from OPEC nations, along with bosses of Western oil majors, stated on Wednesday that increased ...

Global oil prices are poised to fall below $60 per barrel by year-end as Opec+ accelerates its unwinding of production cuts, ...

The Global Crude Oil Landscape: 2023's Top Producers In the ever-evolving world of energy production, crude oil remains a ...

OPEC+ has agreed to increase production in August by 548,000 bpd. As a reference, in April, production increased by 138,000 ...

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

U.S. stocks closed lower after President Donald Trump said in social media posts he sent letters to Japan and Korea notifying them that their tariffs would be 25%, The tariffs will be levied beginning ...

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

August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...

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

Oil prices edged higher Monday even after OPEC+ announced a larger-than-expected supply boost for August, with the physical ...

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