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 expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...

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

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

The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...

Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...

Oil inventories have risen sharply across the world in recent weeks, a sign of the pressure that higher output from OPEC+ ...

Saudi Arabia, the world's biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in ...

The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...

If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...

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

Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...