News

The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has ...
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
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OPEC+ jolted markets by announcing it would flood the market with more oil.
Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...
Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, ...