Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it. Exxon flags potential hit in profit just as OPEC and allies announce larger production increases. Oil futures ...

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...

Oil Majors BP and Shell agreed with Libya's National Oil Corp (NOC) to conduct studies for hydrocarbon exploration and ...

Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

US stocks extend losses, downabout 1%, near miidday after Trump announces 25% tariffs on Korea and Japan. Tesla bleeds on ...

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 rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...

OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...

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 expected to fully unwind its 2.2 million bpd output cuts by September, following a surprise superhike in August.