BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

Saudi Arabia reportedly overshot its June oil production quota by 700,000 barrels per day, raising questions about OPEC+ ...

BEIJING/SINGORE -Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement regarding Russia, raising the prospect of more sanctions on the major oil producer, ...

The Saudi Ministry of Energy reaffirmed Friday that it remained “fully compliant” with its voluntary OPEC+ target. “Marketed ...

Saudi Arabia’s Ministry of Energy has confirmed that the Kingdom remained fully compliant with its voluntary OPEC+ production targets in June, with marketed crude oil supply averaging 9.352 million ...