Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

OPEC criticizes the IEA's inconsistent messages regarding oil and gas investment, highlighting a recent "U-turn" from ...

Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...

Qatar has reduced the price of its al-Shaheen crude for May deliveries, following Saudi Arabia's lead, due to a well-supplied oil market and increased OPEC+ production.

OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a ...

Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...

Oil prices rebounded on Friday after Russia’s deputy prime minister suggested oil cartel Opec+ could reverse a plan to ...

Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...