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

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

Oil prices slipped more than 1% on Monday after OPEC+ surprised markets by hiking output more than expected in August, ...

Oil prices held near a two-week high on Tuesday as investors assessed the latest developments on U.S. tariffs and a higher ...

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

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, emphasised the importance of the UAE’s role in the ...

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

Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly ...

Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...

Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...

Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.