Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

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.

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

Crude oil prices declined after OPEC agreed to raise production by 548,000 barrels per day in August. Oil prices also came ...

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

Oil prices fell after OPEC+ countries unexpectedly announced a more significant increase in oil production in August than ...

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

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

OPEC+ boosts summer oil production by 548,000 bpd in August, surprising markets, pushing prices lower, and stirring global ...

OPEC and its partners have pivoted from years of output restraint to reopening the taps, surprising crude traders and raising ...

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

The Organisation of Petroleum Exporting Countries (OPEC) pumped a total of oil and condensate of 2.15 million barrels a day ...