OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...

Clarksons VLCC fleet weighted average has fallen 17.5% over the last week to $45,600 per day, while the suezmax assessment ...

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

Crude stocks were up by 4.3 million barrels in the week ended May 9, market sources said, citing American Petroleum Institute ...

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

The major oil producers known as OPEC+ did exactly what U.S. President Donald Trump has been asking for — and American ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Q1 2025 Management View Executive Chairman Matt Wilks reported a 32% increase in revenue to $600 million and an 83% rise in ...