The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...

The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...

The expanded output plan will add 548,000 barrels a day starting in August, with a similar increase under consideration for September. The move accelerates OPEC+’s strategy to reclaim market share, ...

Another assignment that is much more definitive: the OPEC Seminar. The circus rolls back into Vienna as the oil producers' ...

Saudi Arabia raised prices for its main crude grade for buyers in Asia next month as demand for oil and fuels holds up. The move, a day after OPEC producers agreed to a fourth round of big output ...

Most Gulf stock markets ended higher on Sunday as investors looked ahead to U.S. tariff decisions due later this week and took stock of OPEC+'s move to raise oil production output next month.

OPEC+ agreed on Saturday to raise production by 548,000 barrels per day (bpd) in August, further accelerating output ...

The economic calendar in the week ahead wiil be fairly light, with the main event being the release of the Federal Reserve's ...

Trade was sparse due to the US Independence Day holiday. Brent settled about 0.8% higher than last Friday’s close and WTI was ...

Dow Jones futures will reopen Sunday evening, along with S&P 500 futures and Nasdaq futures. President Donald Trump said ...

OPEC+ has agreed to raise oil production by 548,000 barrels per day (bpd) in August, accelerating its output hike plan as ...