The market is expected to tighten into Q3 and early Q4, with non-Opec+ (non-DOC) production growth slowing. While not calling a peak, Mr Al Ghais said the slowdown is visible, and hinted at further ...

Herman Wang, Chief Editor, EMEA & APAC Oil News at Platts joins CNBC's Dan Murphy at the OPEC International Seminar in Vienna to discuss recent production hikes within the alliance, and the outlook ...

Investors are weighing the potential impact of U.S. President Donald Trump’s tariffs on global economic growth, a move which steadied oil prices on Thursday. Brent crude futures were up 4 cents at $70 ...

Crude oil prices declined today, retreating from recent two-week highs as market participants grapple with ongoing trade uncertainties and rising U.S. stockpiles. The market's cautious tone reflects ...

Congolese Minister of Hydrocarbons Bruno Jean Richard Itoua discusses OPEC+'s latest super-sized supply hike. He also talks about Congo's plan to increase production. "The target is to double the ...

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 ...

UAE Oil Minister Suhail Al Mazrouei emphasized OPEC+’s deep market knowledge and defended its strategy, saying others had benefited from the group’s restraint. Crescent Petroleum CEO Majid Jafar was ...

Oil futures gained a few cents in a choppy session marked by a large 7.1 million barrel build in U.S. crude stocks and continuing uncertainty as President Trump puts tariffs back on traders' radars.

The UAE’s Energy Minister Suhail Al Mazrouei has reiterated the country’s full support for OPEC+ decisions, according to ...

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

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

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