Crude oil futures were lower following OPEC+’s announcement to quicken supply hikes. Goldman Sachs said the cartel could unveil a 550,000 barrel-a-day increase for September.

Oil prices slipped on Monday after OPEC+ surprised markets by hiking output more than expected in August, while uncertainty ...

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

The country also increased the prices for all crude grades it sells to refiners in Northwest Europe and the Mediterranean by $1.40 a barrel ...

West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $65.41 per barrel, down from Friday’s close at $65.66. Brent Oil Exchange Rate (Brent crude) is ...

On the trade front, the weekend was packed with negotiations as the July 9th deadline approaches fast. Within two days, the Trump administration is expected to announce its tariff decision for trading ...

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

ICE Brent is trading lower after OPEC+ agreed on a larger-than-expected supply hike of 548k b/d for August, more than the ...

OPEC+ has agreed to hike oil production by 5.48 lakh barrels per day (bpd) in August. This is significantly higher than the 4 ...

Brent and WTI crude fell sharply as OPEC+ announced a 548,000 bpd production boost for August, exceeding expectations and ...

Oil prices receded in early trading on Monday after members of the Opec+ producer group on Saturday agreed to a larger than ...

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