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

Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has ...

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

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

Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...

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 ...

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 ...

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

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

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

Oil on Monday put aside the impact of a higher-than-expected output hike of OPEC+ for August as well as concern about the ...