While prices initially slid yesterday following a larger-than-expected OPEC+ supply hike, the market managed to turn positive ...

DUBAI: Most Gulf equities ended higher on Monday as US President Donald Trump signalled progress on multiple trade agreements ...

The European Commission said it is 'firing on all cylinders' to secure a bare-bones deal by July 9 after the Trump administration said tariffs on U.S. trading partners will revert back to their April ...

Regarding supplies, on Saturday the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+, ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.85 during the early Asian trading hours on Tuesday. The WTI price edges lower amid oversupply concerns triggered by the ...

By John Lee. The eight OPEC+ countries, including Iraq, have reaffirmed their coordinated approach to oil market stability and announced a collective production adjustment for August 2025. In a ...

Oil prices experienced a surge following Saudi Arabia's unexpected decision to increase prices for its primary crude grade ...

More than 85 people are confirmed dead after a flash flood swept through communities along the Guadalupe River in Texas last week.

Crude oil futures shook off their early negative reaction to the bigger than expected OPEC+ production increase to settle higher, as markets determined that OPEC+'s confidence in phasing out cuts at a ...

HOUSTON] Oil prices rose nearly 2 per cent on Monday as signs of strong demand more than offset the impact of a ...

ADM Investor Services said the move indicates “a willingness on the group’s part to accept lower prices for larger market ...

Historically, Russia, which co-leads the OPEC+ alliance with Saudi Arabia, has faced criticism for poor compliance with ...