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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 ...
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...
Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...
The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.
OPEC agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted ...
HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...
Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...
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 ...
Russia, Oman, and Algeria all expressed reservations ahead of the OPEC+ meeting but ultimately aligned with the consensus to ...
India's top oil suppliers, including Saudi Arabia, Russia, Iraq, and the UAE, have boosted production, directing most of the ...
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