News

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 ...
HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...
Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...
The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...
The large increases from OPEC+ will push the global oil market into a large surplus from the fourth quarter of this year ...
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 ...
OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...
For months, the biggest news in the market has been OPEC+’s seismic decision to stop supporting oil prices — instead ...
OPEC+ agreed to surge oil output for the third month in a row despite reservations from key member Russia, doubling down on a ...
HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...
Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...