News

The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
The oil cartel plans to increase supply yet again in a lunge for market share as crude prices sag. This suits India fine.
Crude oil shook off early negative reaction to the bigger than expected OPEC+ output increase to settle higher, as OPEC's ...
OPEC+ jolted markets by announcing it would flood the market with more oil.
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 ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
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 ...
Oil prices rebound as tight supply offsets OPEC+ output hike. Traders eye $67.58 for crude futures breakout amid bullish oil ...
Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.
OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...