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The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

Oil crept higher as Saudi Arabia surprised customers in Asia by hiking prices for its main crude grade, signaling a vote of ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.

OPEC+ jolted markets by announcing it would flood the market with more oil.

Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...

Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000]( ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...