Global oil prices are expected to remain low this week following the decision of Opec and its allies to increase production, says Thai Oil Plc (TOP), the country's largest refiner by capacity.With the ...

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

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

Brazil, Guyana and Argentina are driving a fast-growing share of global oil output.

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

NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...

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

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

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

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 ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

Even OPEC's output decision was regarded as a non-threat in some quarters, specifically, FGE, whose analysts wrote in a note that the actual month-on-month rise will be generally smaller because Iraq ...