Oil falls in the early morning Asian session. The U.S. EIA said Wednesday that commercial crude oil stocks excluding strategic petroleum reserves increased by 7.1 million barrels in the week ended ...

OPEC+ appears to be prioritizing market share over high prices, potentially targeting U.S. shale by testing how producers respond to lower price environments.

WTI crude oil (CLQ25) on Wednesday closed up +0.05 (+0.07%), and August RBOB gasoline (RBQ25) closed up +0.0029 (+0.13%). Crude oil and gasoline prices extended this week's rally and posted 2-week ...

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

OPEC+ to Increase Output by 548,000 Barrels a Day in August. What it Means for Oil Markets. A court-appointed special master recommended a bid backed by Gold Reserve and Koch over a rival hedge-fund ...

VIENNA, July 9. /TASS/. Decisions taken by the OPEC+ reveal that the alliance understands the condition of the oil market and its needs better than anyone else, Energy Minister of the UAE Suhail Al ...

VIENNA, July 9. /TASS/. The spare oil production capacity in the global oil sector is declining every year, even in OPEC+ countries, due to underinvestment, Energy Minister of the UAE Suhail Al ...

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

Oil futures continued to post gains with the market unfazed by OPEC+ plans for higher production and supported by gains in products. Exxon just warned Wall Street of billion-dollar profit hits. Here's ...

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 ...

Comex copper futures surged to a record high after Trump said he planned a 50% tariff on copper imports, more than the market ...

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