OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.

US stocks open lower on tariff uncertainty. Trump said higher tariffs start Aug 1 for nations without deals. Tesla sinks on feud with Trump.

China’s refiners are grappling with shrinking road fuel demand and an oversupply of jet fuel that even booming aviation ...