The Chamber of Bulk Oil Distributors (CBOD), in its latest Market Outlook for the May 1–15, 2025 pricing window, highlights ...

Saudi Arabia has increased the price of its flagship crude grade loading for Asia in June, even as OPEC+ decided to continue ...

OPEC+ output hike drives bearish crude oil outlook as demand concerns and rising inventories weigh on oil prices and futures ...

Energy shares declined in pre-market trade on Monday after The Organization of the Petroleum Exporting Countries and its ...

Oil prices on the New York exchange fell following the decision by the OPEC+ oil cartel to increase crude supply. This ...

OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy.

U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.

Oil prices fell more than 2 per cent on Monday after OPEC+ decided over the weekend to further speed up oil output hikes, ...

A bold Saudi-led move to reorder the global oil market with an aggressive ramp-up of OPEC+ supply is forcing Wall Street ...

But the early-stage discussions have stalled as Saudi negotiators push to supply half of the crude needed by the processors ...

Brent crude futures dropped 3.61 per cent, to $59.08 a barrel, while US West Texas Intermediate crude was at $56.00 a barrel, down by 3.93 per cent ...