Saudi Arabia’s oil minister reportedly warned fellow producers that oil could drop to $50 if they don’t comply with agreed ...

OPEC’s crude production declined sharply last month after a political crisis slashed supplies from Libya. Output from the Organization of Petroleum Exporting Countries slumped by 480,000 barrels a day ...

Oil prices were rising early Wednesday, but not as much as you might expect if traders expected supply disruptions from a wider war in the Middle East. West Texas Intermediate, the U.S. benchmark, ...

Markets are braced for a potential Israeli response after Tehran’s missile attack, with up to 4% of global oil supply at risk ...

Output from the Organization of Petroleum Exporting Countries slumped by 480,000 barrels a day to 26.61 million a day in ...

Oil prices continued to rise on Wednesday as concerns over supply disruptions after Iran attacked Israel dominated sentiments ...

Ghais’s speech in Brazil got off to a rough start after the power went out to the podium and a protester took to the stage.

Oil company scion John Hess allegedly 'communicated publicly and privately with OPEC representatives and oil ministers of ...

Saudi Arabia, the de-facto leader of the Organization of the Petroleum Exporting Countries, is once again faced with a ...

The Organization of the Petroleum Exporting Countries, OPEC, published its World Oil Outlook for 2024, with optimistic forecasts for robust oil demand growth.

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 cartel said oil demand is forecast to reach 120.1 million barrels a day in 2050 from 102.2 million barrels a day last ...