Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...

The IEA expects global supply to rise by 2.1 million barrels per day this year, up 300,000 bpd from the previous forecast, ...

BEIJING/SINGAPORE (Reuters) -Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement ...

Oil prices are under pressure, despite OPEC+ reportedly nearing the end of its supply hikes. Trump's talk of a “major” Russia ...

The Saudi Ministry of Energy reaffirmed Friday that it remained “fully compliant” with its voluntary OPEC+ target. “Marketed ...

Russia intends in August and September to fully compensate for previously producing oil in excess of its OPEC+ quota, in line ...

Russia's revenue from crude oil and oil product sales declined by nearly 14 per cent year-on-year (YoY) in June, reaching $13 ...

The IEA forecasts global oil supply growth will significantly outpace demand in 2025, though a tight summer market is keeping ...

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

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

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The International Energy Agency has said it expects global oil demand to grow at the slowest pace since 2009, outside of the ...