OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

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.

OPEC+ boosts summer oil production by 548,000 bpd in August, surprising markets, pushing prices lower, and stirring global ...

The larger-than-expected production hike was feeding concerns about a global supply glut at a time when the demand outlook ...

In April, Trump unveiled a tariff base rate of 10% on most countries, and additional duties ranging up to 50%, although he later delayed the effective date for all those except the 10% rate until July ...

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

More companies, governmental entities and regular people have been joining a class-action lawsuit in federal court involving allegations that some of the country’s largest oil producers have colluded ...

“In a possible sign that the unwinding of OPEC+ production cuts could increase seaborne volumes, the combined crude tanker loadings of OPEC countries has jumped 24% week-on-week to 2.281 million ...

Even countries whose economies rely heavily on petrol is making the switch to EVs. Read more at straitstimes.com. Read more at straitstimes.com.

Crude oil had been holding gains, but recent market talk that OPEC and its allies are weighing another "super-sized" increase has sent West Texas Intermediate lower after topping out at more than ...