Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...

Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly ...

OPEC+ shocked markets with surprise production increases starting August, potentially delivering relief to American drivers ...

Ministers and executives from OPEC nations, along with bosses of Western oil majors, stated on Wednesday that increased ...

Oil markets are absorbing OPEC+ production increases without building inventories, which means they are thirsty for more oil, ...

Kuwait Petroleum Corp. Chief Executive Officer Sheikh Nawaf Al-Sabah says the latest oil supply hike from OPEC+ as well as ...

EOG Resources downgraded at Roth Capital, citing shorter inventory life compared to peers, focus on higher cost emerging ...

The oil market needed the latest super-sized supply increase that OPEC+ announced at the weekend, the United Arab Emirates energy minister said, offering one of the first public justifications for the ...

Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...

Oil fluctuated as traders weighed a large gain in US crude stockpiles against fresh US efforts to crimp Iranian crude exports ...

Kuwait Petroleum Corp. (KPC) is optimistic about continued global oil demand beyond the summer, citing robust interest from ...

Here’s why oil prices are climbing to their highest levels in two weeks, despite a group of oil producers agreeing to open ...