Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...

HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...

HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...

Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...

Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.

Saudi Arabia, the world's biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in ...

If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...

The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...

Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...

Oil inventories have risen sharply across the world in recent weeks, a sign of the pressure that higher output from OPEC+ ...

Oil fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as ...

Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...