OPEC+ curtailed production for several years to support the market. It reversed course this year to regain market share.

Eight OPEC+ countries meeting on Sunday have agreed to raise oil output in September by 548,000 barrels per day, three OPEC+ ...

India hasn’t given the country’s oil refiners instructions to stop buying Russian oil, according to people familiar, days ...

Russian officials say a Ukrainian drone attack on an oil depot near Russia’s Black Sea resort of Sochi has sparked a major ...

A massive oil depot fire raging near Russia's Black Sea resort of Sochi has been blamed by Russian authorities on a Ukrainian ...

OPEC+ has reached a preliminary deal to increase oil production by 548,000 barrels per day from September, three sources said ...

Indian officials confirmed Saturday the country is not altering policy and will continue buying oil from Russia, despite ...

More than 120 firefighters were trying to extinguish a blaze at an oil depot in the Russian city of Sochi that was sparked by ...

Production has ended at a Lincolnshire oil refinery, the government has confirmed. Lindsey Oil Refinery, near Immingham, was ...

But while the Indian government may not be deterred by Trump’s threats, sources told Reuters this week that Indian state ...

The Opec+ oil cartel said on Sunday it would raise production by a further 547,000 barrels a day from September, fully reversing its nearly two-year-long strategy of propping up prices by holding huge ...