Concerns about higher OPEC production has likely kept oil from joining the rally in growth-sensitive metals, while fears of collateral damage to demand from an “imaginary recession” are overdone, said ...

World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind ...

Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...

A drop caused by policy changes in the United States ... “We believe we are at a tipping point for U.S. oil production at current commodity prices.” OPEC’s contribution to falling oil ...

U.S. crude oil production is now expected to decline in 2026 - the first year on year decline in U.S. production in roughly a ...

Now the group of oil producers might add even ... OPEC+ has not confirmed the date change, but members of the group are expected to decide on production levels for June. "The market is getting ...

OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy. With ...

(Bloomberg) -- Oil slumped as OPEC+ discussed ... approached the Trump administration to ask what changes the US was seeking in relation to the production of precursor chemicals that are used ...

Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...

(Bloomberg) -- Oil slumped as OPEC discussed making a second ... the Trump administration to ask what changes the US was seeking in relation to the production of precursor chemicals that are ...