Oil prices fall on rising OPEC+ output and trade war worries. Bearish oil outlook grows as supply builds and crude futures ...

Oil futures end the week lower with rekindled concerns about excess supply and disagreements among OPEC and its allies overshadowing signs of easing trade tensions, particularly between the U.S. and ...

Still, concerns over a potential oversupply in global oil markets weighed on further gains. The Organization of the Petroleum ...

On a weekly U.S. oil production basis, volumes reached an all-time high of 13.63 million barrels per day in early December ...

Given this situation, it is hardly conceivable that Kazakhstan will limit oil production as planned, let alone compensate for ...

OPEC could accelerate production increase in June. According to press reports, several members are considering an increase in ...

Kazakhstan’s newly appointed Energy Minister Yerlan Akkenzhenov, in comments made to Reuters on April 24, signalled that ...

By Ron Bousso LONDON, - Kazakhstan's public defiance of the OPEC+ oil production alliance could signal its exit from the ...

The term gained far wider prominence during the 1970s oil crisis when OPEC's embargo triggered a dramatic increase in energy prices in the U.S. and Europe. This supply shock drove up production ...

Oil prices stabilized on Thursday after a sharp drop the previous day, as traders assessed signals that OPEC+ may bring ...

Oil prices slipped 2% on Wednesday as sources said OPEC+ would consider accelerating its oil output increases in June, but ...

Brent crude futures were up 52 cents, or 0.79%, at $66.64 a barrel by 1034 GMT while U.S. West Texas Intermediate crude gained 59 cents, or 0.95%, to $62.86 ...