As for the other main ratings agencies, in late May, S&P Global Ratings said it expects U.S. oil and gas producers to reduce ...

NEW YORK] Oil prices rose more than 4 per cent on Wednesday, to their highest in more than two months, after sources said the ...

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

OPEC oil output rose in May by less than the volume planned, a Reuters survey found, as Iraq made further cuts to compensate ...

OPEC crude oil production rose by 150,000 barrels per day (bpd) in May, reaching 26.75 million bpd, a Reuters survey showed.

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

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

Opec does two things well: produce oil and manage the market to its advantage. The cartel has long held that cutting production and keeping the oil price high beats selling more barrels at lower ...

State oil firm Saudi Aramco will ship about 47 million barrels to China in July, a tally of allocations to Chinese refiners ...

Saudi Arabia, the world's biggest oil exporter, on Wednesday lowered its July prices for Asian buyers after OPEC+ hiked ...

Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China talks that could pave the way for easing trade ...