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

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

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

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

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

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

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

OPEC's 2024 Crude Oil Production Cuts, Explained By Robert Rapier - Dec 20, 2023, 6:00 PM CST. OPEC's primary goal is to maximize profits from oil exports, often conflicting with the objectives of ...

Crude Oil markets declined on Monday, sending WTI 2.5% lower. OPEC has announced a tentative agreement to begin increasing production. Challenges still lie ahead, as many OPEC members rely on high ...

OPEC is still debating how much oil it should remove from world markets following a price ... US crude oil was trading about 3.6% lower to $ ... and 1.4 million below current OPEC production.

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

The world's major oil producing group OPEC Plus says it will further increase crude oil production in August. Eight OPEC Plus ...