The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on ...

Barclays lowered its Brent crude forecast on Monday by $4 to $70 a barrel for 2025 and set its 2026 estimate at $62/b, citing ...

(Bloomberg) -- Oil fell after a Reuters report that some OPEC+ members will seek an accelerated output increase overshadowed an optimistic turn in trade talks between the US and China. West Texas ...

Eight OPEC+ countries will meet on May 5 to decide the June output plan. The Organization of the Petroleum Exporting Countries and the Saudi Arabian authorities did not immediately respond to Reuters' ...

Kazakhstan has sparked fresh tensions within OPEC+ by asserting that its oil production strategy will be governed by national interests rather than group quotas, raising questions about future ...

A week ago, Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman submitted their individual compensation plans to OPEC, potentially cutting the amount of ...

Oil’s staging a modest rebound this morning as the tape grabs onto signs of a potential U.S.-China tariff thaw. WTI is back near $62.86, up close to 1%, while Brent is holding above $66.50 ...

Political instability, wars, and sanctions can disrupt supply and impact prices. The decisions of OPEC, a group of major Oil-producing countries, is another key driver of price. The value of the ...

When the AI-generated image of Francis dressed in high-fashion streetwear went viral, the depiction was particularly absurd for a holy leader, let alone one so modest in style. However ...

according to OPEC data. The OPEC+ alliance has been highly effective in maintaining Brent oil prices in a steady range of $70 to $90 a barrel in recent years. But the lack of compliance among ...

“You could ask if Kazakhstan is really able to fulfill the requirements of being an OPEC member if they can’t control their own production.” Advisory Alert: It has come to our attention that ...

Petroleum futures fell broadly by midday Wednesday as a report of a possible output hike by OPEC and its allies more than offset U.S. data showing decent drawdowns of refined product stockpiles ...