News

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...
In a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy ...
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
OPEC+ jolted markets by announcing it would flood the market with more oil.
NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
OPEC+ is pushing barrels into a market that is widely expected to be oversupplied later in the year. Brent oil futures have ...
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 ...
OPEC-member Nigeria has seen a withdrawal of oil majors from onshore and shallow water fields that have been taken over by ...