Oil prices were flat, and while OPEC+ was largely expected to accelerate oil output hikes for in June, BMI said it was arguable that much of the downside was being priced in ahead of time.

OPEC has demonstrated it still has pricing power', Ole R. Hvalbye, a commodities analyst at Skandinaviska Enskilda Banken AB ...

Brent crude fell below $62 a barrel, heading for a weekly loss of more than 7%, while West Texas Intermediate was near $59.

Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million ...

Azerbaijan, host of last year's United Nations climate summit, will deliver its overdue climate action plan by September, COP29 President Mukhtar Babayev told Reuters on Thursday, adding the ...

The death of Pope Francis and global aid cuts led by the United States could complicate the work of a group of experts ...

Oil held steady on Thursday after strong earnings from Meta and Microsoft supported U.S. equities and postponement of ...

A central theme of the workshop was the growing need for investment in the oil industry. HE Haitham Al Ghais emphasized OPEC’s forecast, which indicates that the oil sector will require a cumulative ...

BAKU, Azerbaijan, April 30. OPEC does not see a peak in oil demand on the horizon, Haitham Al Ghais, OPEC Secretary General, ...

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and ...