News

OPEC+ jolted markets by announcing it would flood the market with more oil.
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000]( ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
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.
The price of oil was stable on Monday despite a larger-than-expected increase in production by the Organization of the ...
Crude oil prices declined after OPEC agreed to raise production by 548,000 barrels per day in August. Oil prices also came ...
Oil prices dropped at the start of Mondays trading session as OPEC+ announced a larger-than-expected output hike, heightening ...
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 ...