The U.S. sent 1.4 million bpd of light, sweet crude to Europe in May, versus 1.6 million bpd in April, data from Kpler showed ...

HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...

HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...

India's top oil suppliers, including Saudi Arabia, Russia, Iraq, and the UAE, have boosted production, directing most of the ...

Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...

The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.

Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.

Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...

Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...

The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...

If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...

Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...