World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...

Saudi effectively accounted for all of the increase, as it boosted exports by 631,000 bpd over the March-June period while ...

BofA said, however, Brent oil price could rebound above $70/bbl by the summer of 2026 due to a combination of easier global monetary policy, a weaker dollar, more disciplined OPEC+ production and ...

OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...

Crude oil futures plunged over 5% this week as bearish fundamentals—including rising OPEC+ output, weak exports, and fading ...

OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...

Bank of America said Thursday it expects Brent crude prices will drop below $60/bbl in this year's H2, as rising production by OPEC+ will increase the crude oil market surplus. BofA forecasts an ...

Oil futures fell for a third consecutive session after OPEC+ said it will lift output by another 547,000 barrels a day in September.

President Trump may have a way to go after Russian and Iranian oil exports as a result of OPEC+'s recent decision.