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

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 ...

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

OPEC+ is likely to go ahead with big production hikes in August and September, HSBC said, adding that deteriorating fundamentals raised downside risks to prices and its $65 assumption from 4Q onwards.

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

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

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

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.

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