Russia's chief oil official advocated for OPEC+ oil producers to move forward with their scheduled output increase, citing an ...

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

Saudi Minister of Energy Prince Abdulaziz bin Salman said on Thursday that OPEC+ has become a key guarantor of oil prices and the oil sector as a whole. Speaking at the St. Petersburg Economic Forum ...

Saudi Energy Minister Prince Abdulaziz bin Salman said OPEC+ has become a key guarantor of oil prices and the sector as a ...

ST. PETERSBURG. June 19 (Interfax) - Oil market volatility benefits no one, and OPEC+ supports stable market development, demand growth and the security of supply, Russian Deputy Prime Minister ...

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

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

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

Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil output increases while Moscow argued for a pause, four OPEC+ sources with ...

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.

Fredrik Dybwad, analyst at Fearnley Securities, told TradeWinds: “The OPEC+ states’ accelerated cut unwind will hit the ...

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