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 ...

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.

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

VIENNA, July 9. /TASS/. Decisions taken by the OPEC+ reveal that the alliance understands the condition of the oil market and its needs better than anyone else, Energy Minister of the UAE Suhail Al ...

VIENNA, July 9. /TASS/. The spare oil production capacity in the global oil sector is declining every year, even in OPEC+ countries, due to underinvestment, Energy Minister of the UAE Suhail Al ...

Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...

The oil market needed the latest super-sized supply increase that OPEC+ announced at the weekend, the United Arab Emirates energy minister said, offering one of the first public justifications for the ...