At the time of writing, WTI Crude oil is trading above $62, gaining more than 1.50% on the day as markets respond to the ...

Opec+ on Wednesday reaffirmed its production quotas through 2026 and is developing targets for its 2027 baselines, according ...

Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike looms ...

ULSD futures are on track to end a three-day streak of losses, with the front-month contract rising 1.54cts to $2.0948/gal and July prices rising by 2.14cts to $2.0744/gal. The gains come as markets ...

OPEC+ has decided to set new baselines for 2027 oil production. Amid ongoing debates over quotas, the group, including ...

ISTANBUL, 12th October, 2016 (WAM) -- Energy ministers of members from the Organisation of the Petroleum Exporting Countries (OPEC) will not take any decisions at a meeting on Wednesday as it is a ...

OPEC+ countries also confirmed current arrangements and kept oil production quotas established until the end of 2026 ...

By Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW (Reuters) -OPEC+ agreed on Wednesday to establish a ...

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

Utilisation and rates have fallen, but if Opec continues pumping oil, countercyclical summer bump could still come ...