News

Oil inventories have risen sharply across the world in recent weeks, a sign of the pressure that higher output from OPEC+ ...
Saul Kavonic, Head of Energy Research from MST Marquee joins CNBC's Dan Murphy to break down the drivers behind rising oil ...
Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...
Oil climbed after OPEC+ increased production less than some had feared and geopolitical concerns flared in Ukraine and ...
Oil prices climbed nearly 3% on Monday on supply concerns as producer group OPEC+ decided not to accelerate plans to hike ...
OPEC+ agreed to another large supply hike over the weekend, increasing it by 411k b/d effective July. Rising tensions between ...
The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...
The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.
Asian shares have fallen and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up geopolitical ...
(Reuters) - Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day ...
Oil prices rebounded more than $1 a barrel on Monday after producer group OPEC+ decided to increase output in July by the ...
If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...