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

OPEC+ shocked markets with surprise production increases starting August, potentially delivering relief to American drivers ...

Oil prices slipped on Wednesday as investors weighed a surprise build in U.S. crude stocks last week against attacks on ...

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

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

Kuwait Petroleum Corp. (KPC) is optimistic about continued global oil demand beyond the summer, citing robust interest from ...

Oil markets are absorbing OPEC+ production increases without building inventories, which means they are thirsty for more oil, ...

The oil market needed the latest super-sized supply increase that OPEC+ announced at the weekend, the United Arab Emirates energy minister said, offering one of the first public justifications for the ...

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

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...

The warning follows a period of volatility in global gas prices. Oil Pares Losses as Market Shrugs off Larger OPEC+ Output Hike Despite concerns over excess supply, oil prices overturned declines from ...

The moderation in prices comes after Trump issued formal notifications to several trading partners that significantly higher ...