The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year. Click to read.

OPEC+’s latest increase of 411,000 barrels per day (bpd) for July, the third such hike in three consecutive months, suggests ...

A sudden rise in crude prices driven by a renewed fear of a military confrontation between the US and Iran has caught out bearish traders, forcing many to rethink their near-term ...

After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...

Israel’s strike on Iran has injected a fresh bout of geopolitical risk into an oil market that has been in the doldrums due to concerns about the global economy and supply increases from OPEC+.

The latest escalation in tensions in Iran has paved the way for the return of risk premiums on oil prices once again.

The oil market can absorb OPEC's production increases through summer, but sustaining that pace risks leading to sharp price declines and a shift to contango, where future prices are higher than spot ...

The Strait of Hormuz is a narrow waterway at the mouth of the Persian Gulf that handles about a quarter of the world’s oil trade. Over the years, Iran has repeatedly targeted merchant ships traversing ...

Oil Market Can Handle OPEC+ Supply Surge Through Summer But Risks Mount Beyond Oil prices slid after jumping in the previous session, while Rystad Energy said the market can absorb accelerated OPEC+ ...

Fuel prices are expected to increase for the second straight week as a result of the ongoing trade talks between the US and ...

Motorists will need to brace themselves for another week of fuel price hikes. Based on the four-day trading in the Mean of Platts Singapore (MOPS), gasoline ...

The International Atomic Energy Agency board resolution, which passed by 19-3, is the first time Iran has been found in noncompliance with its nuclear duties in 20 years. The vote was called over Iran ...