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 ...

India's top oil suppliers, including Saudi Arabia, Russia, Iraq, and the UAE, have boosted production, directing most of the ...

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 ...

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

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

Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...

Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.

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

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

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

The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.