Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...

Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.

Oil prices fell after OPEC+ countries unexpectedly announced a more significant increase in oil production in August than ...

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.

Stock markets diverged while the dollar strengthened Monday as countries fought to hammer out trade deals days before US ...

Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...

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 ...

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

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

Crude oil futures were lower and OCBC said prices were expected to face further downward pressure in 2H following OPEC+’s announcement to quicken supply hikes.

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...