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

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

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 ...

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 ...

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

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 vehicles and ...

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

Crude dropped more than 2% on reports that Saudi Arabia is ready to let more barrels flow into the market even if prices fall ...