The Ministry of Energy confirmed that Saudi Arabia remains fully compliant with the OPEC+ agreement. The marketed crude oil ...

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of voluntary production cuts by eight members and the United Arab Emirates’ move to a ...

Crude oil futures jumped Friday, firming up gains for the week, on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ is considering a pause in production increases after ...

According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point ...

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

Saudi Arabia’s energy ministry stated that the kingdom remained fully compliant with its voluntary OPEC+ production target in ...

Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, while U.S.

The International Energy Agency has hiked its forecasts for global oil supply this year and next, while noting that 2025 ...

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency (IEA) said on Friday, as refineries ramp up processing to ...

Here's a look at what happened in oil markets in the week of July 7-11 and what the focus will be on in the days to come.