The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...

However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

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

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

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

Oil on Monday put aside the impact of a higher-than-expected output hike of OPEC+ for August as well as concern about the ...

OPEC+ boosts summer oil production by 548,000 bpd in August, surprising markets, pushing prices lower, and stirring global ...

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

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

Oil declined after OPEC agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.