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

In a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy ...

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

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

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...

AUD/USD consolidates latest gains below 0.6550 as RBA Governor Bullock's press conference gets underway early Tuesday. The Aussie's uptick was driven by the RBA's surprise policy decision. The RBA ...

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

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 ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.