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 ...

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 ...

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 ...

Energy Aspects' Founder and Director of Research, Amrita Sen joins CNBC's Dan Murphy at the OPEC International Seminar in ...

Trump, who has called Bolsonaro a friend, had hosted him at his Mar-a-Lago resort back in 2020, when both were in office.

OPEC has denied accreditation to five leading Western media outlets for its Vienna meeting, reviving tensions over press freedom and oil market transparency.

SINGAPORE (Reuters) -Oil prices were steady on Thursday as investors weighed the potential impact of U.S. President Donald Trump’s tariffs on global economic growth, while a weaker dollar and signs of ...

Dubai Senior officials from Saudi Arabia, the United Arab Emirates and Kuwait have defended the August production boost of 548,000 barrels per day, stating that global markets are absorbing the extra ...

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 ...

Shetty wrote in his post on Monday, “One of the engineers who was due to join today sent a message over the weekend that they won’t join. Bit let down ...

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