Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...

The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.

The oil market can absorb OPEC's production increases through summer, but sustaining that pace risks leading to sharp price declines and a shift to contango, where future prices are higher than spot ...

The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that ...

For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...

Crude oil futures started the week higher as the market weighs doubts about how much extra oil OPEC+ countries have placed on ...

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...

Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...

Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...

The U.S. sent 1.4 million bpd of light, sweet crude to Europe in May, versus 1.6 million bpd in April, data from Kpler showed ...

HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...