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

Crude oil prices increased on Friday, marking the first weekly gain in three weeks. This rise followed a positive U.S. jobs ...

Crude prices broke out of the 4-week period of consolidation to the upside this week and breached a key technical level as ...

Here is a look at what happened in oil markets in the week of June 2-6 and what the focus will be in the days to come.

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

Oil prices dipped but were on track for a weekly gain, while OPEC+ members are expected to agree to two large output hikes for August and September at their next meetings. Oil Prices Have Stayed ...

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

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

As summer travel season starts to heat up, drivers are in for a pleasant surprise: gas prices are at their lowest point since 2021.

The price cut by Saudi Arabia, key oil producer within OPEC+ - the oil producing group that includes members of the ...

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

VLCC spot rates have dropped further as a second quarter rally fades, brokers and analysts say. Earnings for eco tankers now stand at an average of $34,300 per day, down 7% from Tuesday and 25% ...