The return of previously curtailed oil production by OPEC+ members is killing U.S. shale growth, with industry executives ...

IEA warns OPEC+ output hike leaves oil market oversupplied as the supply is rising faster than demand with bloated market ...

The crude oil market continues to see a lot of pressures, as the markets will be looking at the oversupply of oil from Russia, OPEC, and the United States as a major issue, in an environment that ...

India's Russian oil imports declined in July after jumping the previous month as some refiners slowed purchases due to ...

The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.

WTI Crude Oil trades slightly higher on Tuesday near $62.50, holding within last week’s $62-$63 range. West Texas ...

Plentiful supply and weak demand has helped bring down fuel prices, which President Trump has often cited as a measure of his ...

Global appetite for oil is set to keep climbing over the next two years, according to OPEC’s August oil market report, which ...

The world faces a record glut of oil next year as a Saudi-led cartel ramps up production – just as global demand slumps.

OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...

"In its monthly oil market report, OPEC made no changes to its 2025 demand and non-OPEC+ supply numbers. The group did, ...

OPEC is once again the most influential force in global oil supply – and will be so for the foreseeable future – now that U.S. shale production growth is slowing, American industry executives say.