VIENNA, July 9. /TASS/. Decisions taken by the OPEC+ reveal that the alliance understands the condition of the oil market and its needs better than anyone else, Energy Minister of the UAE Suhail Al ...

Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly increase in output, and signaled another 550,000 bpd rise in September ...

VIENNA, July 9. /TASS/. The spare oil production capacity in the global oil sector is declining every year, even in OPEC+ countries, due to underinvestment, Energy Minister of the UAE Suhail Al ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts.

Oil markets are absorbing Opec+ production increases and there has been no major build-up in inventories, which indicates higher demand in global markets, UAE’s energy minister said on Wednesday.

Oil prices rose on Wednesday, maintaining their highest levels since June 23, following attacks on shipping in the Red Sea ...

Dow Jones Top Energy Headlines at 7 AM ET: Oil Ticks Higher But Trade Uncertainty Clouds Outlook | Exxon ... Brent crude hovered around $70 a barrel, but uncertainty surrounding Trump's tariff agenda ...

Oil futures continued to post gains with the market unfazed by OPEC+ plans for higher production and supported by gains in products. Exxon just warned Wall Street of billion-dollar profit hits. Here's ...

WTI price gains ground amid rising supply concerns following the Houthis' attack in the Red Sea. The implementation of the US ...

The oil market needed the latest super-sized supply increase that OPEC+ announced at the weekend, the United Arab Emirates energy minister said, offering one of the first public justifications for the ...

Comex copper futures surged to a record high after Trump said he planned a 50% tariff on copper imports, more than the market ...

Oil markets are absorbing OPEC+ production increases without building inventories, which means they are thirsty for more oil, ...