Gas could get even cheaper this summer. Supachai Panyaviwat/. OPEC+ is boosting oil output, tanking prices as US summer ...

However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...

The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...

Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...

Crude oil futures were lower and OCBC said prices were expected to face further downward pressure in 2H following OPEC+’s announcement to quicken supply hikes.

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...

European stock markets and the dollar strengthened Monday as countries fought to hammer out trade deals days before US ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

The increase of oil output has mostly come from Saudi Arabia, in a show of confidence that oil is in demand despite concerns ...

Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...

The price of oil was stable on Monday despite a larger-than-expected increase in production by the Organization of the ...

OPEC+ is pushing barrels into a market that is widely expected to be oversupplied later in the year. Brent oil futures have ...