You can see that even with the increase in several months, we haven't seen a major buildup in the inventories, which means ...

Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...

Bloomberg reported that some forecasts from major firms including Goldman Sachs and Citi see Brent prices falling to US$60–65 ...

OPEC+ is discussing a potential pause in further oil production increases following its next monthly supply hike, Bloomberg reported, citing delegates familiar with the discussions.

Senior officials from three of Opec’s core producer nations—Saudi Arabia, the United Arab Emirates, and Kuwait—lined up on Wednesday to say that the super-sized addition of supply by the producer club ...

The OPEC oil cartel said Thursday that demand for crude will continue to expand through at least 2050, calling efforts to rapidly shift away from fossil fuels an unworkable fantasy.

The OPEC+ alliance, which includes countries such as Russia and Kazakhstan, will expand its share of global oil markets to 52 ...

Despite the current tightness, forecasters are pointing out that supply growth is at risk of outpacing demand later in the ...

The OPEC oil cartel said Thursday that demand for crude will continue to expand through at least 2050, calling efforts to ...

The United Arab Emirates could further boost its oil production capacity after 2027 if that is what markets require, its ...

Karen House argues that Mohammed bin Salman has an opportunity to protect his interests and secure peace in the region.

Oil steadied as traders weighed a large increase in US crude stockpiles and a wave of new tariff rates from President Donald ...