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

US stocks open lower on tariff uncertainty. Trump said higher tariffs start Aug 1 for nations without deals. Tesla sinks on ...

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

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

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

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

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

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

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

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 ...

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