Events in eastern Europe weren’t the only factor driving oil prices higher. OPEC+ agreed to hike production by 411,000 ...

Oil prices jumped by about 3% on Monday after producer group OPEC+ kept output increases in July at the same level as the ...

OPEC+ is expected to fully reverse its 2022 production cuts by October, but oil prices continue rising amid geopolitical ...

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

Oil prices jumped more than 3% on Monday as OPEC+ agreed to raise production by the same amount in July as in the previous ...

In its 65 years of existence OPEC has navigated many crises, from Gulf wars and America’s shale boom to a pandemic-era oil ...

Oil exporting group Opec+ has announced a further unwinding of production cuts, but the impact on tanker demand may be more ...

Brent crude futures climbed by 2.77%, to $64.52 a barrel, while West Texas Intermediate was up 3.19% to US$62.73 ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day (mb/d) ...

Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...