Crude oil prices held steady as traders balanced expectations of rising OPEC+ supply with a surprise U.S. inventory build.

Iraq emerged as the largest OPEC crude oil supplier to the United States in May, driven by strong export volumes and ...

The Organisation of Petroleum Exporting Countries (OPEC) says its research estimates a huge oil market deficit of 23 million ...

Oil edged higher for a second day as traders turn their focus to key supply and economic indicators over the course of the week.

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a 23 million barrels per day oil supply shortfall by 2023 without upstream investments of up to $17.4 trillion. It said the ...

West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $64.87 per barrel, ...

Oil futures were little changed on Wednesday as investors are wary ahead of a meeting of major producers this week to ...

A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude ...

Oil prices edged higher on Tuesday as investors took stock of positive demand indicators, while also treading cautiously ...

The price action came amid concerns that the coalition of oil-producing nations, known as OPEC+, might press ahead with its ...

Meanwhile, oil’s gains were kept in check by expectations that the OPEC+ group will raise its August crude oil output by an ...

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a potential shortfall of 23 million barrels per day (bpd) ...