Falling fossil-fuel prices may tempt some to switch back to old habits but that will prove a climate-change disaster.

The White House imposed sanctions on Iran’s oil minister and on more companies and vessels used in the transport of the OPEC ...

Kuwait’s Council of Ministers approved a draft decree that paves the way for the OPEC-member Gulf state to sell debt for the ...

Guyana’s government has officially yanked the plug on the Frontera-CGX joint venture, canceling its oil prospecting license ...

LONDON (Reuters) - OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output ...

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

Crude oil prices are rallying amid a broader uptick in market sentiment, and OPEC+ is holding steady on its demand forecast, ...

The Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging mounting economic uncertainty amid trade tensions. The ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.

EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

In its report, OPEC left its 2025 forecast for global oil demand growth unchanged at 1.45 million barrels per day (bpd), projecting total oil demand of 105.2 million bpd. It also left its global oil ...