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The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
Oil markets have largely ignored the overtly aggressive production policy of OPEC+, with geopolitical fears keeping Brent ...
OPEC+ jolted markets by announcing it would flood the market with more oil.
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.
Russia's crude oil shipments have dropped to their lowest level since February, as rising refinery runs outpace production, ...
Fueling The Conversation, Week of July 7th, 2025 Rumblings of another Middle East situation have grabbed headlines over the ...
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 ...
Oil prices edged up to a two-week high on Tuesday as positive U.S. economic news, lower U.S. oil production and rising demand for oil products countered OPEC+ output increases and worries U.S.