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

Equatorial Guinea, OPEC’s smallest producer, plans to boost oil and gas output following the exit of Exxon Mobil Corp. from ...

The US antitrust regulator will allow Chevron Corp. to proceed with its $53 billion acquisition of Hess Corp. on the ...

Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.

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

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 ...

OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, ...

Last week, the Financial Times reported that Saudi Arabia was ready to abandon its unofficial price target of $100 a barrel ...

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

Equatorial Guinea vs. Gabon Court Battle Looms: OPEC Neighbors Clash Over Disputed Islands Colonial Legacy Haunts West Africa ...

Opec secretary general Haitham Al Ghais and his Opec research team unveiled the group's latest annual World Oil Outlook at ...

Output for June 2024 was revised lower by 27 kb/d and July 2024 output was revised lower by 28 kb/d compared to last month’s ...