Energy Aspects' Founder and Director of Research, Amrita Sen joins CNBC's Dan Murphy at the OPEC International Seminar in ...

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

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

Oil prices rose nearly 2% on Monday as signs of strong demand more than offset the impact of a higher-than-expected OPEC+ ...

Bloomberg reported that some forecasts from major firms including Goldman Sachs and Citi see Brent prices falling to US$60–65 ...

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 ...

OPEC+ appears to be prioritizing market share over high prices, potentially targeting U.S. shale by testing how producers respond to lower price environments.

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

Oil prices retreated on Tuesday, having climbed almost 2% in the previous session, as investors assessed the latest ...

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

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

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