Saudi Arabia, the United Arab Emirates, and Kuwait—lined up on Wednesday to say that the super-sized addition of supply by the producer club at the weekend was needed by the global market. Oil prices ...

Crude futures turned lower after gaining the previous three sessions despite a bigger-than-expected OPEC+ output increase announced for August, another large U.S. crude stock build and renewed ...

Opec and its partners have pressured crude prices lower in recent months with their surprise move to open the taps after ...