Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...

OPEC+ production gains pressure U.S. crude exports, weakening light sweet oil demand and adding bearish weight to the current ...

Big moves, if not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. The cartel, ...

U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.

Haitham al-Ghais is set to deliver remarks on Tuesday, as recent output increases from group members and other producers have ...

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

Global oil prices rallied hard on Monday, lifting U.S. crude to the highest levels in two weeks, as investors shrugged off a ...

Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued ...

Russia, Oman, and Algeria all expressed reservations ahead of the OPEC+ meeting but ultimately aligned with the consensus to ...

"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...

India’s private refiners are boosting domestic fuel sales as global margins fall and Chinese demand plateaus, banking on ...

Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...