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

Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...

OPEC+ is set to continue returning production for another three months, which will help drive oil prices lower, according to ...

THE Organization of the Petroleum Exporting Countries (Opec) and its allies, collectively known as Opec+, recently announced that they will increase oil output ...

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

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 ...

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

The Organization of the Petroleum Exporting Countries and their allies decided on Saturday to raise output by 411,000 barrels ...

The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...

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

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