News

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 ...
Oil crept higher as Saudi Arabia surprised customers in Asia by hiking prices for its main crude grade, signaling a vote of ...
Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.
Oil rose more than 1% on Monday on signs of strong demand, shrugging off the impact of a higher-than-expected OPEC+ output ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
Oil marketing companies like RIL, Indian Oil are anticipated to perform well, buoyed by robust refining margins and expected ...
OPEC+ jolted markets by announcing it would flood the market with more oil.
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.