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

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

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

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

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

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

Hess admitted its CEO had indeed engaged with OPEC officials but that the interactions concerned ensuring an 'orderly energy ...

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

OPEC published its long-term outlook for the oil market up to 2050 this week, Commerzbank’s commodity analyst Carsten Fritsch notes.

Opec raised world oil demand forecasts for the medium and long term, citing growth led by India, Africa and the Middle East and a slower shift to electric vehicles and cleaner fuels. The ...

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Analysts and professionals in the global energy space have long debated the prospects for reaching peak demand for crude oil.