The new OPEC+ quotas gave Russia the right to increase oil supplies by 262,000 barrels per day. But oil producers are in no ...

As previously reported, BofA analyst Caio Ribeiro downgraded Petrobras (PBR) to Neutral from Buy with a price target of R$34, down from R$42, to ...

Crude futures rise to multiweek highs amid optimism that U.S. engagement this week with China could lead to trade agreements.

Crude prices broke out of the 4-week period of consolidation to the upside this week and breached a key technical level as ...

Here is a look at what happened in oil markets in the week of June 2-6 and what the focus will be in the days to come.

HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...

Oil prices dipped but were on track for a weekly gain, while OPEC+ members are expected to agree to two large output hikes for August and September at their next meetings. Oil Prices Have Stayed ...

HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...

Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...

Oil prices dipped in early trading but are on track for a weekly gain of more than 3% after President Trump and Chinese leader Xi Jinping agreed to further trade talks. Still, expectations the OPEC+ w ...

As summer travel season starts to heat up, drivers are in for a pleasant surprise: gas prices are at their lowest point since 2021.

The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...