Morgan Stanley analysts on Sunday said Saturday's announcement by OPEC+ that it will increase June output by 411,000 b/d for a second straight month will widen the supply surplus this year and next, ...

Oil buckled on concerns of a global glut after OPEC+ agreed to another bumper output increase, adding to supply at a time ...

Oil prices tumbled below $60 per barrel for the first time since February 2021. Lower oil prices have been a blessing for a ...

The NYMEX June RBOB contract fell as low as $1.9582/gal, putting it several cents above early April lows. The contract, however, had recovered a bit near midday to trade close to where it opened ...

If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...

Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud ...

IEA, OPEC, and EIA all revised 2025 growth down by 150,000–400,000 bpd amid worsening trade and economic outlooks.