OPEC+ is likely to go ahead with big production hikes in August and September, HSBC said, adding that deteriorating fundamentals raised downside risks to prices and its $65 assumption from 4Q onwards.

The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...

Russian and Saudi oil interests have not been so misaligned since the pandemic as Saudi Arabia seeks to accelerate its oil shift.

Oil prices gain more than 1% after Chinese state media reported that U.S. President Trump spoke with Chinese leader Xi Jinping. U.S. natural gas prices were higher awaiting the EIA's weekly inventory ...

Plans for a U.S. nuclear-power revival have excited uranium investors, stoking demand for shares in companies that produce the fuel. Find insight on oil futures, Canada's uranium producers, Galp's ...

The price cut by Saudi Arabia, key oil producer within OPEC+ - the oil producing group that includes members of the ...

Saudi Arabia lowered the July price of its Arab Light crude for Asian buyers after OPEC+ decided to accelerate output hikes.

Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...

Saudi Arabia, the world's biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in ...

VLCC spot rates have dropped further as a second quarter rally fades, brokers and analysts say. Earnings for eco tankers now stand at an average of $34,300 per day, down 7% from Tuesday and 25% ...

New oil industry data shows Powder River Basin wells breaking even at $60 per barrel as global market forces create ...