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

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

Global oil prices are expected to remain low this week following the decision of Opec and its allies to increase production, says Thai Oil Plc (TOP), the country's largest refiner by capacity.With the ...

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

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

Oil steadied today as traders weighed signs of swelling US crude stockpiles and the fallout from President Donald Trump's ...

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

West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $67.17 per barrel, ...

The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...

Kazakhstan’s crude oil production surged to record highs in June, openly breaching OPEC+ quotas and challenging the group's enforcement power.

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