Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000]( ...

Oil futures rose as the market took a sanguine view of the OPEC+ decision to raise its output target by 548,000 barrels a day in August. Brazil, Guyana and Argentina are driving a fast-growing share ...

The country’s oil companies have reduced pump prices by P0.70 per liter for gasoline, P0.10 per liter for diesel, and P0.80 ...

Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...

Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.

Stock markets diverged while the dollar strengthened Monday as countries fought to hammer out trade deals days before US President Donald Trump's tariff deadline.

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.

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...

Since global oil inventories are still low, there is little risk that OPEC's decision to increase production will lead to a ...

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

The increase of oil output has mostly come from Saudi Arabia, in a show of confidence that oil is in demand despite concerns ...

OPEC+ is expected to fully unwind its 2.2 million bpd output cuts by September, following a surprise superhike in August.