News

The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Oil rose more than 1% on Monday on signs of strong demand, shrugging off the impact of a higher-than-expected OPEC+ output ...
Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
OPEC+ jolted markets by announcing it would flood the market with more oil.
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.
Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...
NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...