News

Kazakhstan has informed OPEC that it does not intend to reduce its oil production, Russia's Interfax news agency cited ...
Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to ...
High inventories, OPEC output hikes and an uncertain global macroeconomic climate all seem to point to likely lower crude oil ...
Natural gas futures (NG1:COM) climbed to $3.40/MMBtu on Wednesday, the highest in a week, driven by declining production, ...
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Despite bearish demand signals and rising global supply, U.S. oil production continues to grow, raising the possibility of a ...
Kazakhstan is unable to reduce its oil production due to its lack of authority over Western-run oilfields, undermining OPEC+ ...
Saudi Arabia and its partners have discussed another large output hike, even as prices slide and demand wavers.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.15 during the Asian trading hours on Thursday. The WTI price edges higher on supply concerns after OPEC+ agreed to ...
Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...
Crude oil futures rose as concerns about global supply helped offset anticipation that OPEC+ could soon agree to another increase in production.
LONDON: Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another ...