News

HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...
Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...
The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...
The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.
OPEC agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted ...
Asian shares have fallen and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up geopolitical ...
Oil prices jumped by about 3% on Monday after producer group OPEC+ kept output increases in July at the same level as the ...
HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...