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

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

U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...

The eight OPEC+ countries also noted that this measure will provide an opportunity for the participating countries to ...

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

The August increase represents a jump from monthly increases of 411,000 bpd Opec+ had approved for May, June and July, and ...

Brent fell 1.2 per cent to US$67.50 a barrel while US West Texas Intermediate tumbled 2 per cent to US$65.68. Read more at ...

NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...

Asian markets experienced a downturn on Monday due to renewed uncertainty surrounding US tariff policies, exacerbated by ...

Oil prices slipped more than 1 per cent today after Opec+ surprised markets by hiking output more than expected in 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 ...