The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...

AUD/USD consolidates latest gains below 0.6550 as RBA Governor Bullock's press conference gets underway early Tuesday. The Aussie's uptick was driven by the RBA's surprise policy decision. The RBA ...

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

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

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...

Crude oil shook off early negative reaction to the bigger than expected OPEC+ output increase to settle higher, as OPEC's ...

However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...

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

Oil prices fall due to US trade levies and OPEC+ decision, impacting global markets and raising concerns about supply.

OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...