VIENNA, 27th August, 2019 (WAM) -- The price of OPEC basket of fourteen crudes stood at US$59.18 a barrel on Monday, 26th August, compared with $59.67 the previous Friday, according to OPEC ...

Josh Young at Bison Interest says oil could return to $100 per barrel this year, even as OPEC+ considers another output hike ...

Jeff Currie, Carlyle chief strategy officer of energy pathways, joins CNBC's 'Squawk on the Street' to discuss outlooks on ...

WTI and Brent oil prices rise ahead of Memorial Day, but geopolitical risks and OPEC’s production plans keep the market under pressure.

U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...

Crude oil settled lower for a third straight day as the possibility of another large production increase by OPEC+ for ...

Oil prices settled lower on Thursday as investors weighed a report that OPEC+ is discussing a production increase for July, ...

OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply ...

Kazakhstan is on track to surpass its oil production target for 2025 thanks to a Chevron-led expansion at the Tengiz field, ...

In 2026, non-DoC liquids supply is forecast to grow by 0.8 mb/d to average 54.8 mb/d. OECD liquids production (excluding Mexico) is expected to increase by 0.3 mb/d, y-o-y, with the US and Canada ...

The pressure on markets comes as Bloomberg News on Thursday reported that members of the OPEC+ group are considering another output hike in July. The group has already agreed to raise production by ...

While the United States is still expected to drive supply growth, OPEC expects total oil output to rise by about 300,000 bpd this year. Last month, it forecast growth of 400,000 bpd. OPEC left its ...