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

Markets are seeking clarity on President Trump's tariffs, with the president targeting Aug. 1 for new country-specific ...

Markets are seeking clarity on President Trump's tariffs, with the president targeting Aug. 1 for new country-specific ...

August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...

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

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]( ...

Oil prices edged higher Monday even after OPEC+ announced a larger-than-expected supply boost for August, with the physical ...

Oil futures rose as the market took a sanguine view of the OPEC+ decision to raise its output target by 548,000 barrels a day in August. Brazil, Guyana and Argentina are driving a fast-growing share ...

Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.

Stock markets diverged while the dollar strengthened Monday as countries fought to hammer out trade deals days before US ...

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

However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...