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

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.

Oil declined after OPEC agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.

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

Oil crept higher as Saudi Arabia surprised customers in Asia by hiking prices for its main crude grade, signaling a vote of ...

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+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

OPEC+ boosts summer oil production by 548,000 bpd in August, surprising markets, pushing prices lower, and stirring global ...

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

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.