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.

Oil crept higher as Saudi Arabia surprised customers in Asia by hiking prices for its main crude grade, signaling a vote of ...

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 ...

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

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 ...

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 prices dropped slightly on Monday after the OPEC+ group surprised markets by hiking output more than expected in August, ...

OPEC+ boosts summer oil production by 548,000 bpd in August, surprising markets, pushing prices lower, and stirring global ...

Oil on Monday put aside the impact of a higher-than-expected output hike of OPEC+ for August as well as concern about the ...

Oil declined after OPEC agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.