News

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...
Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has ...
Oil prices moved back over $67 a barrel after Saudi Arabia unexpectedly raised prices for its Arab Light crude sold to buyers ...
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 crept higher as Saudi Arabia surprised customers in Asia by hiking prices for its main crude grade, signaling a vote of ...
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
Oil prices edged higher Monday even after OPEC+ announced a larger-than-expected supply boost for August, with the physical ...
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Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...
The increase of oil output has mostly come from Saudi Arabia, in a show of confidence that oil is in demand despite concerns ...
OPEC+ is pushing barrels into a market that is widely expected to be oversupplied later in the year. Brent oil futures have ...