United Arab Emirates Energy Minister Suhail al-Mazrouei said on Wednesday OPEC+ was doing a noble job of balancing the oil ...

The kingdom called out members for overproducing, in what was seen as a veiled threat of a price war.

But while Hess will remain on as an advisor to Chevron concerning the new company’s business operations in Guyana ... low ...

Saudi Arabia is again signaling a shift in strategy to protect global market share. The last time this happened, an oil bust ...

Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over ...

Crude oil gained as much as 5% as reports of Iranian missiles targeted at Israel came in Tuesday, in an escalation of ...

Prospects of additional oil supply hitting the market if OPEC+ sticks to its output plans are raising fears of a market surplus, painting a rather grim outlook for crude prices. The international ...

What does Opec’s latest long-term outlook suggest it, and its biggest member, Saudi Arabia, should do now?The Financial Times ...

LONDON – Opec raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, Africa and the Middle East and a slower shift to electric ...

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The agency accuses John Hess of improper talks with OPEC and will block him from joining the board of Chevron, which is ...

Oil prices dropped 5% this week due to rising OPEC supply and weak demand from China. Natural gas prices rose on Hurricane ...