Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...

Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...

By Dmitry Zhdannikov, Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -OPEC+ may discuss an increase in oil output for July at its meeting on Saturday larger than the 411,000 barrels per ...

Natural gas and oil prices stall as OPEC+ output rises, testing support levels while traders eye inventory data and geopolitical risks.

For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...

Oil inventories have risen sharply across the world in recent weeks, a sign of the pressure that higher output from OPEC+ could place on the global crude market as the year progresses.

The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.

Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...

The Organisation of Petroleum Exporting Countries and its allies (OPEC+) recorded a decline in crude oil output in May 2025, ...

OPEC+’s latest increase of 411,000 barrels per day (bpd) for July, the third such hike in three consecutive months, suggests ...

Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on regaining lost market share, according to people familiar with the matter.

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...