Standard Chartered has shot down a rising Wall Street narrative that global oil markets are sitting on a hidden cushion of ...

Markets are thirsty for oil because they are absorbing Opec+ production increases without building inventories, United Arab ...

Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...

EOG Resources downgraded at Roth Capital, citing shorter inventory life compared to peers, focus on higher cost emerging ...

Ministers and executives from OPEC nations, along with bosses of Western oil majors, stated on Wednesday that increased ...

OPEC+ to Increase Output by 548,000 Barrels a Day in August. What it Means for Oil Markets. A court-appointed special master recommended a bid backed by Gold Reserve and Koch over a rival hedge-fund ...

VIENNA, July 9. /TASS/. Decisions taken by the OPEC+ reveal that the alliance understands the condition of the oil market and its needs better than anyone else, Energy Minister of the UAE Suhail Al ...

Global oil prices are poised to fall below $60 per barrel by year-end as Opec+ accelerates its unwinding of production cuts, ...

Kuwait Petroleum Corp. Chief Executive Officer Sheikh Nawaf Al-Sabah says the latest oil supply hike from OPEC+ as well as ...

VIENNA, July 9. /TASS/. The spare oil production capacity in the global oil sector is declining every year, even in OPEC+ countries, due to underinvestment, Energy Minister of the UAE Suhail Al ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts.

Oil futures continued to post gains with the market unfazed by OPEC+ plans for higher production and supported by gains in products. Exxon just warned Wall Street of billion-dollar profit hits. Here's ...