News

Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...
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 ...
The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...
The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...
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 ...
Oil fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as ...
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 ...