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

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

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

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

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

Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day (mb/d) ...

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

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

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

After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...

OPEC agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted ...

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