News

OPEC leader Saudi Arabia is aiming to regain market share amid US shale competition and slow Chinese demand. Oil prices could ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of a sector already ...
Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...
The Organization of the Petroleum Exporting Countries and its allies announced Saturday they will increase oil production by ...
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...
Analysts and investment banks predict oil prices will remain below $70 per barrel for the rest of 2025 due to market ...
Crude oil futures traded lower on Monday morning due to factors such as US President Donald Trump’s decision to impose an ...
Another tussle for oil market share at low prices beckons, after OPEC+ producers announced a higher than expected crude ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...