The oil cartel plans to increase supply yet again in a lunge for market share as crude prices sag. This suits India fine.

Oil markets have largely ignored the overtly aggressive production policy of OPEC+, with geopolitical fears keeping Brent ...

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...

Russia's crude oil shipments have dropped to their lowest level since February, as rising refinery runs outpace production, ...

OPEC shocks traders with a 548,000 bpd supply hike, setting a bearish tone for crude oil futures heading into next week. Iran’s nuclear commitment and Israel-Iran ceasefire remove risk premiums ...

Oil prices edged up to a two-week high on Tuesday as positive U.S. economic news, lower U.S. oil production and rising demand for oil products countered OPEC+ output increases and worries U.S.

Fueling The Conversation, Week of July 7th, 2025 Rumblings of another Middle East situation have grabbed headlines over the ...

Crude oil shook off early negative reaction to the bigger than expected OPEC+ output increase to settle higher, as OPEC's ...

The United States, which is not a member of OPEC, produced an average of 13.4 million barrels of crude oil a day in August 2024, according to the U.S. Energy Information Administration.

Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...

AUD/USD consolidates latest gains below 0.6550 as RBA Governor Bullock's press conference gets underway early Tuesday. The Aussie's uptick was driven by the RBA's surprise policy decision. The RBA ...

The moderation in prices comes after Trump issued formal notifications to several trading partners that significantly higher ...