The decision is a serious negative for the oil market, given that oil demand is rising too slowly to sop up all of the extra ...

Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...

The bloc and its allies, collectively known as Opec+, are set to begin unwinding 2.2m barrels per day worth of production ...

The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to "the healthy market ...

Growing concerns over demand are weighing on the oil market's outlook amid OPEC+ supply dynamics and U.S. tariffs, ING ...

The US EIA forecasts Brent crude prices to average $74 per barrel in CY25, down 8 per cent Y-o-Y and to decline to $66 per ...

Kazakhstan intends to compensate for the overproduction of oil ahead of schedule from January 2024 within the OPEC+ deal, the press service of the country's Energy Ministry said. "Kazakhstan will take ...

Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand ...