OPEC+ is cutting output by a total of 5.86 million barrels per day (bpd), or about 5.7% of global demand, in a series of ...

As of this February, the Belarusian government has slashed export duties on oil, bitumen, fuel oil, and a number of other petroleum products to zero. However, export duties have been set on liquefied ...

A further escalation of the conflict between Israel and Iran could send oil and gas prices significantly higher, said Ramanan ...

Inventories of crude oil in the U.S. rose for the week ended Sept. 27, counter to analyst forecasts of those stocks dropping.

Top US automakers reported a fall in their third quarter sales on Tuesday, hurt by fewer selling days and weaker consumer ...

The escalating conflict in West Asia poses significant threats to India's economy, with potential disruptions to supply ...

While the conflict in the Middle East is getting all the headlines, the oil market is largely taking the escalation in its ...

Part of the issue is that members are not sticking to their pledged cuts. The Saudi minister called out Iraq, which surpassed ...

The OPEC+ joint ministerial monitoring committee meeting (JMMC) concluded on Wednesday, with the ministers refraining from ...