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

OPEC agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted ...

The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.

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

Stock markets and the dollar recoiled Monday after President Donald Trump announced he would double US tariffs on global ...

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

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

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

Kazakhstan’s Kashagan oilfield is on track to surpass 1 billion barrels in cumulative output by year-end, defying OPEC+ ...

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

Trump’s threat to increase tariffs on Aluminum and Steel imports and a fresh rift with China, have failed to dent Crude Oil’s ...