Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000]( ...

Oil futures rose as the market took a sanguine view of the OPEC+ decision to raise its output target by 548,000 barrels a day in August. Brazil, Guyana and Argentina are driving a fast-growing share ...

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 ...

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

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 ...

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 ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

The increase of oil output has mostly come from Saudi Arabia, in a show of confidence that oil is in demand despite concerns ...