The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.

After closing out its best month since 2023 last week, Wall Street is poised to open with losses as the Russia-Ukraine ...

Oil prices jumped by about 4% on Monday after producer group OPEC+ kept output increases in July at the same level as the ...

Oil prices jumped by about 3% on Monday after producer group OPEC+ kept output increases in July at the same level as the ...

Oil prices jumped by about 3% on Monday after producer group OPEC+ kept output increases in July at the same level as the ...

Asian shares sank on Monday and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up ...

The crude oil market devotes considerable energy to what OPEC+ says, but perhaps a little less to what it actually does when ...

The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...

When Prince Abdulaziz bin Salman was appointed Saudi Arabia’s energy minister six years ago, he vowed to heed even the ...

Oil prices rebounded more than $1 a barrel on Monday after OPEC+ decided to increase output in July by the same amount as it ...

Global shares have fallen and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up geopolitical ...

If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...