OPEC+ has surprised markets with a sharp output increase, citing strong demand and low inventories, and plans to fully unwind ...

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

West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $67.17 per barrel, ...

Cedric Chehab, Chief Economist at BMI, discusses his outlook on oil prices, forecasting Brent will average $68 per barrel ...

Bob McNally, Rapidan Energy Group founder and president, discusses OPEC+'s recent decision to increase oil production for the ...

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

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

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 ...

Fueling The Conversation, Week of July 7th, 2025 Rumblings of another Middle East situation have grabbed headlines over the ...

Fully kitted in Petralon Energy-branded safety gear, their faces were a portrait of excitement and curiosity. As they made ...

Russia's crude oil shipments have dropped to their lowest level since February, as rising refinery runs outpace production, ...

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 ...