The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.

Eight members of the OPEC+ alliance of oil-exporting countries say they will boost production by 548,000 barrels per day in ...

Oil declined after OPEC agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.

Oil prices rebound as tight supply offsets OPEC+ output hike. Traders eye $67.58 for crude futures breakout amid bullish oil ...

Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...

The meeting of the eight OPEC+ countries involved in voluntary production cuts, agreeing to increase output by 548,000 ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.