Oil futures fell for a third consecutive session with the market turning its focus to the deadline for U.S. tariffs to go into effect and the next OPEC+ meeting to decide on production levels for ...

Chinese officials have long worried that the U.S. and its allies could hamstring the nation's economy by choking off its supply of foreign oil. So China has poured hundreds of billions of dollars into ...

"OPEC reported no change to the group’s supply and demand outlook in yesterday’s release of its monthly market report. Global oil demand growth is unchanged for this year and next at 1.29m b/d and ...

President Donald Trump sowed fresh chaos in metals markets by indicating the US would implement a higher-than-expected 50% tariff on copper imports, spurring a record spike in New York futures and a ...

Global oil markets are again showing the impact of emotions and misinterpretation. The so-called surprise production increase taken by eight (8) leading members of OPEC is, in principle, not ...

OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low inventory levels as justification for the move.

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an oversupplied market and pressuring U.S. shale producers.

West Texas Intermediate (WTI), futures on NYMEX, recovers its initial losses and rebounds to near $65.50 during the European trading session on Monday. The Oil price bounces back even as OPEC+ ...

Oil prices have fallen as OPEC+ sees an increase in output [Getty/file photo] Oil prices slipped on Monday after OPEC+ surprised markets by hiking output more than expected in August, while ...

Oil futures shook off the initial negative reaction to OPEC+ further accelerating the return of production to settle higher.