Brent crude prices fluctuated sharply this week, closing slightly lower as escalating Israel-Iran tensions outweighed ...

Russia’s chief oil official advocated for OPEC+ oil producers to move forward with their scheduled output increase, citing an ...

ST PETERSBURG (Reuters) -U.S. and Chinese purchases for strategic oil reserves are expected to offset any potential global ...

Goldman Sachs said markets are estimating a 65% likelihood of the U.S. intervening in the Middle East, though added there's a ...

ST. PETERSBURG. June 20 (Interfax) - Russian Deputy Prime Minister Alexander Novak, who is co-chair of OPEC+'s ministerial monitoring committee, called on Kazakhstan to maintain coordination within ...

Russia's top oil official said on Thursday that OPEC+ oil producers should proceed with plans to increase output, noting ...

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...

For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...

The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that ...

The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.

Oil inventories have risen sharply across the world in recent weeks, a sign of the pressure that higher output from OPEC+ could place on the global crude market as the year progresses.

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...