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

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

OPEC+ jolted markets by announcing it would flood the market with more oil.

Crude oil prices declined after OPEC agreed to raise production by 548,000 barrels per day in August. Oil prices also came ...

Oil prices dropped slightly on Monday after the OPEC+ group surprised markets by hiking output more than expected in August, ...

Oil prices rebound as tight supply offsets OPEC+ output hike. Traders eye $67.58 for crude futures breakout amid bullish oil ...

Oil on Monday put aside the impact of a higher-than-expected output hike of OPEC+ for August as well as concern about the ...

OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...

Brent crude futures fell 80 cents, or 1.2%, to $67.50 a barrel by 0010 GMT, while US West Texas Intermediate crude was at $65 ...

Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...

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.