Bearish oil outlook ahead as OPEC+ output jumps, demand growth slows, and geopolitical premiums fade, keeping crude oil ...

Oil prices have stabilised at pre-Middle East conflict levels following the start of the ceasefire. Expanding the oil supply ...

Oil posts worst week since March 2023, down 12% on Israel-Iran ceasefire. OPEC+ production hike adds pressure but Friday ...

Brent crude oil price has suffered a harsh reversal in the past few days as the crisis in the Middle East eased ...

The world's largest group of oil producers, OPEC+, is set to announce another big increase of 411,000 barrels per day in ...

OPEC's oil output increase in May was less than planned, as some members compensated for previous overproduction, according ...

OPEC+ group of leading global oil producers could bring forward its output hikes by around a year from the initial plan, Igor ...

The Organisation of the Petroleum Exporting Countries (OPEC) says it will maintain the global oil demand growth forecast at 1 ...

Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...

Oil is likely to rise by $3-$5 per barrel when trading resumes on Sunday evening after the U.S. attacked Iran at the weekend, ...

In decades past, turmoil in the Middle East would send crude oil prices soaring, pushing up the cost of gasoline for drivers ...