The oil market can absorb accelerated OPEC+ output hikes through summer, but sustaining that pace risks leading to sharp price declines and a shift to contango, according to Rystad Energy. A contango ...

The large increases from OPEC+ will push the global oil market into a large surplus from the fourth quarter of this year ...

Crude oil futures started the week higher as the market weighs doubts about how much extra oil OPEC+ countries have placed on ...

The OPEC+ alliance may be boosting oil-production quotas at a significant pace in a push to restart idled capacity, but that ...

For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...

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 ...

The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...

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

Oil futures rose after Ukrainian drones attacked inside Russia, and a nuclear deal with Iran remained elusive, but Spartan Capital didn’t anticipate a sustained rally, as oversupply continued to be a ...