News

Oil prices are under pressure, despite OPEC+ reportedly nearing the end of its supply hikes. Trump's talk of a “major” Russia ...
Saudi Arabia raises crude oil prices to a four-month high as demand from China surges and domestic energy consumption peaks.
Brent crude futures settled up $1.72, or 2.5 per cent, at $70.36 a barrel. US West Texas Intermediate crude gained $1.88, or ...
The Saudi Ministry of Energy reaffirmed Friday that it remained “fully compliant” with its voluntary OPEC+ target. “Marketed ...
OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...
OPEC+ shocked markets with surprise production increases starting August, potentially delivering relief to American drivers ...
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 ...
US stocks retreated Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated ...
According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point ...
Here's a look at what happened in oil markets in the week of July 7-11 and what the focus will be on in the days to come.