The U.S. sent 1.4 million bpd of light, sweet crude to Europe in May, versus 1.6 million bpd in April, data from Kpler showed ...

HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...

HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...

Oil prices dipped but were on track for a weekly gain, while OPEC+ members are expected to agree to two large output hikes for August and September at their next meetings.

Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...

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 inventories have risen sharply across the world in recent weeks, a sign of the pressure that higher output from OPEC+ ...

If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...

Saudi Arabia, the world's biggest oil exporter, on Wednesday lowered its July prices for Asian buyers after OPEC+ hiked ...

The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...

Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...