Saudi effectively accounted for all of the increase, as it boosted exports by 631,000 bpd over the March-June period while ...

On paper, the world's largest group of oil-producing countries should be pumping an extra 2.5 million barrels of oil a day in ...

Low diesel stockpiles worldwide are countering the downward pressure on crude oil prices from rising OPEC+ supply and setting ...

NEW YORK (Reuters) -Oil prices slipped on Tuesday as rising OPEC+ supply and worries of weaker global demand countered ...

OPEC+ said it would boost production to meet the world’s rising need for oil, but the barrels aren’t showing up. Since April, ...

Kuwait expects oil prices to stay below $72 per barrel, monitoring global market dynamics and statements from the U.S.

Oil prices have not reacted to Trump slapping an additional 25% tariff on India over its purchases of Russian oil, possibly ...

The commodity is in the Middle of some fundamental headwinds between strong supply (OPEC+ cartel trying to change things up) ...

Oil prices ticked higher on Thursday, lifted by a sharp drop in U.S. crude inventories and renewed trade tensions following ...

Oil-focused ETFs came under pressure this week after OPEC+ announced plans to boost production starting in September, raising ...

On the supply side, OPEC+ has ramped up production. This increase could put downward pressure on prices, potentially pushing ...

The drop in global crude oil costs has led to cuts in depot prices as OPEC+ increased production output. Nigerians expect ...