The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...

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 ...

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

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

Crude oil shook off early negative reaction to the bigger than expected OPEC+ output increase to settle higher, as OPEC's ...

OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...

OPEC+ is expected to fully unwind its 2.2 million bpd output cuts by September, following a surprise superhike in August.

However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...

Oil prices rebound as tight supply offsets OPEC+ output hike. Traders eye $67.58 for crude futures breakout amid bullish oil ...

Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...