OPEC+ faces compliance challenges as rising crude output complicates supply management efforts. Oil prices edged lower following a sharp rally, as markets balanced tight U.S. fuel inventories ...

Dubai OPEC+ has announced a revised schedule for seven member nations to implement additional oil output cuts, aiming to compensate for previous overproduction. These measures are set to overshadow ...

(Reuters) -Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty ...

Supply concerns are supporting Brent crude oil prices. OPEC+’s decision on whether to maintain or adjust oil supply cuts beyond April is uncertain, with factors like US oil stockpiles and ...

OVERVIEW: Oil prices slipped on Friday but are still on track for modest weekly gains amid fears of supply disruptions and uncertainties around negotiations to end the war in Ukraine. Brent crude ...

Crude oil prices remained range-bound last week as traders balanced geopolitical risks with rising supply. While strong fuel demand provided support, bearish fundamentals—including increased U.S ...

“Given prices in the mid-$70s, we continue to anticipate that the producer group postpones the beginning of bringing back withheld oil supply to market,” Citigroup Inc. analysts, including ...

The pipeline carries oil from Kazakhstan as well as Russian fields to Russia's Black Sea port of Novorossiisk and news of possible disruptions to supply have impacted global oil markets.

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, revising down its 2025 demand growth forecast. Meanwhile ...

In the US, government figures showed commercial oil inventories grew 4.63 million barrels last week, the fourth straight buildup and a bigger increase than projected by an industry group and ...

The International Energy Agency reported that global oil supply could exceed demand by around 600,000 barrels per day this year, with global demand now expected to rise by just 1.03 million bpd ...

The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have ... and that it sees a bigger-than-anticipated supply surplus if OPEC+ raises output ...