OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over potential ...

Oil prices fell today, Aug. 12, following a report from the Energy Information Administration predicting a decline in prices ...

OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...

Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its ...

BofA said, however, Brent oil price could rebound above $70/bbl by the summer of 2026 due to a combination of easier global monetary policy, a weaker dollar, more disciplined OPEC+ production and ...

OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the ...

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...

U.S. shale producers are cutting rigs, slashing budgets, and pulling back hard as cheap oil from OPEC pushes prices deep ...

Oil prices dipped on Tuesday as traders awaited an inventory report from the U.S. Energy Information Administration and began ...

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...

A global shift in oil market dynamics is raising alarm across the U.S. shale sector, as the Organization of the Petroleum ...

Kuwait expects oil prices to stay below $72 per barrel, monitoring global market dynamics and statements from the U.S.