Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to ...

An OPEC+ supply increase of 411,000 barrels a day in July is the main scenario for talks on Saturday, delegates said.

Libya’s Minister of Oil and Gas, Khalifa Abdul Sadiq, has participated in the 191st ministerial meeting of the Organization ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

The combination of trade action and OPEC production increases have reduced prices for benchmark West Texas Intermediate crude ...

OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources ...

TEHRAN - The first OPEC international training workshop on engineering and technical service exports opened with a strong ...

The consensus on OPEC that has been building for most of the week is that it will agree to increase July production larger than the 411,000 barrels per day (bpd) rise it abided by for May and June.

U.S. shale drillers are scaling back operations as OPEC's price war impacts market dynamics. Despite past disruptions, U.S.

Benchmark U.S. oil prices have dropped by nearly a quarter since January to around $61 a barrel in response to OPEC+'s ...

Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...

The OPEC+ group of oil-producing countries has begun unwinding some of its output curbs with eight members looking to ...