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 ...

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

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 ...

Global energy demand will grow 24 per cent by 2050, with oil dominating world markets in need of 120.1 million barrels per ...

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.

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

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

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 ...

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 ...