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The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...
Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
Saudi Arabia, the world's biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in ...
Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...
Oil prices held steady on Wednesday as concern around the OPEC+ groups next output increase were offset by Canadian supply ...
If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...
The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...
The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.
Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...
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