Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year.

Oil pared losses on Monday as a tight physical oil market offset the impact of OPEC+ hiking oil output more than expected in ...

--The dollar traded steady ahead of Wednesday's deadline to complete trade negotiations. The DXY dollar index against a basket of major currencies recently traded unchanged at 97.166, having hit a ...

Oil marketing companies like RIL, Indian Oil are anticipated to perform well, buoyed by robust refining margins and expected ...

Oil prices dropped slightly on Monday after the OPEC+ group surprised markets by hiking output more than expected in August, ...

The eight members have agreed to increase production by 548,000 b/d in August, up from a 411,000 b/d increase in July.

Oil prices slipped on Monday after OPEC+ surprised markets by hiking output more than expected in August, while uncertainty ...

OPEC+ oil producers are set to approve another big output boost for September as they complete the unwinding of voluntary ...

OPEC and its allies agreed to a larger-than-expected production hike for the fourth straight month, fueling concerns about a ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

Crude oil futures were lower and OCBC said prices were expected to face further downward pressure in 2H following OPEC+’s announcement to quicken supply hikes.

The FTSE 100 index is seen falling 0.2%, while Wall Street benchmarks are also pointing lower. London’s top flight finished flat on Friday. In Asia, the Nikkei 225 is down by 0.6% while the Hang Seng ...