Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...

Markets are thirsty for oil because they are absorbing Opec+ production increases without building inventories, United Arab ...

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

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts. Supply in ...

Oil prices were steady on Wednesday as investors weighed strong U.S. gasoline demand data and attacks on shipping in the Red ...

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional ...

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly ...

VIENNA, July 9. /TASS/. Decisions taken by the OPEC+ reveal that the alliance understands the condition of the oil market and its needs better than anyone else, Energy Minister of the UAE Suhail Al ...

Oil markets are absorbing Opec+ production increases and there has been no major build-up in inventories, which indicates higher demand in global markets, UAE’s energy minister said on Wednesday.

Oil prices receded in early trading on Monday after members of the Opec+ producer group on Saturday agreed to a larger than ...

Group has been curtailing production for several years to support the market, but reversed course to gain market share ...