“Bearish demand fundamentals will dominate crude’s price trajectory in H2,” BCA Research said. “OPEC is unlikely to backstop oil prices. Meanwhile, geopolitical risks will take a backseat in shaping ...

The latest U.S. sanctions on Iran come as members of the Organization of the Petroleum Exporting Countries and its allies, together known as OPEC+, agreed over the weekend to lift oil production by ...

Oil Ticks Lower as Traders Weigh U.S. Tariffs, OPEC+ Supply Hikes Crude futures edged lower after gaining the the previous session, as investors weigh renewed U.S. tariff threats and the OPEC+ output ...

Oil prices eased on Tuesday following a nearly 2% surge the previous day, as markets digested escalating U.S. tariff tensions ...

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...

Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

Big Oil stocks were retreating on Monday after Shell warned that profits from trading gas and chemicals would be lower than expected in the second quarter.The trading slump may be confined to Shell, ...

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

The increase of oil output has mostly come from Saudi Arabia, in a show of confidence that oil is in demand despite concerns ...

OPEC+ jolted markets by announcing it would flood the market with more oil.