Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...

The Wall Street Journal said Trump would "drastically increase" sanctions to "choke off" Iran's oil income, which the U.S.

Oil prices on the New York fuel exchange are slightly rising, but they remain close to this month's lowest levels. Brokers ...

0116 GMT – Oil prices are mixed in early Asian trade. Market sentiment is likely weighed after OPEC cut its demand forecasts, Westpac senior economist Pat Bustamante writes in a note. In its monthly ...

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

Formation of OPEC The Organization of the Petroleum Exporting Countries ... accompanied by a severe financial crisis that ...

ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.

Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...

OPEC's oil production increased in October due to Libya's return to full capacity, offsetting declines from other members.

OPEC and its allies, or OPEC+, are facing unfavourable backdrop for the plans to boost production as a potential crude ...