Saudi Arabia has increased its August Arab Light crude price to Asia by $2.20 per barrel, the highest in four months, driven by peak domestic energy consumption, increased exports to China, and an ...

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

Saudi Aramco is raising crude prices globally next month despite OPEC+’s decision to significantly increase oil supply.

Energy Aspects' Founder and Director of Research, Amrita Sen joins CNBC's Dan Murphy at the OPEC International Seminar in ...

OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...

Saudi Arabia’s oil exports soared in June as the kingdom tries to claw back market share from other members of the energy ...

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...

The eight OPEC+ countries comprise Saudi Arabia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, Oman, and Russia. The group had ...

NEW YORK] Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

After several months of volatility in the market, a new forecast is predicting slightly stronger oil prices for the rest of ...