OPEC+

KEY POINTS OPEC+ may delay its planned oil production increase in December due to concerns over weak demand and rising supply, four sources close to the matter told Reuters on …

Shares of U.S. energy companies surged Wednesday as oil prices rose 3 percent following increased tensions in the Middle East, affecting market stability.

OPEC+ keeps its current oil output policy unchanged, hinting at a possible pause or reversal of planned production hikes in October to stabilize the market.

Oil prices rose on Thursday due to a significant drop in U.S. crude and gasoline inventories, indicating robust demand and a tighter supply environment.

Oil prices surged on Thursday, fueled by a surprise draw in US crude oil inventories and speculation of a potential interest rate cut by the Federal Reserve. However, geopolitical tensions …

Oil prices witnessed a dramatic decline on Monday, June 3rd, marking their steepest one-day drop in several months. This comes amidst a confluence of factors, including a mixed decision by …

Saudi Arabia’s Aramco share offering has gotten off to a flying start, with investor demand surpassing the initial amount of shares on offer within a very short timeframe. This overwhelming …

Saudi Arabia is testing investor appetite with a new share sale for its state-owned oil giant Aramco. The move aims to raise up to $13.1 billion and broaden the company’s …

Saudi Arabia sets to launch a $10 billion secondary share offering for Aramco this Sunday, aligning with strategic economic transformations and oil market dynamics.

Russia admitted to exceeding its oil production quota for April, attributing it to technical challenges. This surprise move casts doubt on Russia’s commitment to coordinated production cuts with OPEC+, a …