If the Brent crude oil market begins to flirt with contango, OPEC+ will likely cut production, Rystad reckons. The primary ...

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 ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $67.15 during the early Asian trading hours on ...

Growing supply from the OPEC+ group, although not as high as the monthly headline figures suggest, is set to create an ...

Yet in a remarkable turnaround, the Nigerian National Petroleum Company Limited (NNPCL) has declared 100 per cent crude oil .

In the second quarter, the commodity markets experienced a significant uptick in volatility, marking the most turbulent period in three years for the Bloomberg Commodity Index (BCOM).

Oil prices edged up to a two-week high on Tuesday on forecasts for less U.S. oil production, renewed Houthi attacks on shipping in the Red Sea, worries about U.S. tariffs on copper and technical short ...

Energy Information Administration's monthly report on Tuesday predicted that the U.S. would produce less oil by 2025 than originally ...

U.S. crude oil production is projected to decline slightly through the end of 2026, as falling prices and reduced drilling ...

Oil prices edged up to a two-week high on Tuesday as positive U.S. economic news, lower U.S. oil production and rising demand ...

The moderation in prices comes after Trump issued formal notifications to several trading partners that significantly higher ...

OPEC+ to Increase Output by 548,000 Barrels a Day in August. What it Means for Oil Markets. Crude futures settled lower. The market was restrained by the widely held view that OPEC+ will agree to ...