Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of a ...

Oil-dependent governments are coming under pressure from the lowest crude prices since the COVID-19 pandemic, with officials ...

OPEC and allies, known as OPEC+, agreed in December to defer the start of output rises by three months until April and extend the full unwinding of cuts until the end of 2026 ...

Stock exchanges across region lose billions of dollars in value, as markets react to US announcement on new duties ...

Libya has launched its first oil and gas exploration bid round in 18 years, offering 22 offshore and onshore blocks under ...

Libya will offer investors new and attractive terms in its first bid round in over 17 years. The country's top officials in the ...

The bidding will involve acreage in the Sirte, Murzuq and Ghadamis basins as well as offshore Mediterranean, oil minister ...

Eight OPEC+ countries participating in voluntary oil production cuts met earlier today and decided to change the production schedule and boost oil production in May by 411,000 barrels daily ...

OPEC+ is expected to agree on a plan that would see production for the group increase in May, OPEC+ sources told Reuters on ...

It's been a month since OPEC+ said it would go ahead and gradually unwind its voluntary production cuts starting on April 1, but threats to global supplies have helped prices recover their losses ...

The United Nations Support Mission in Libya (UNSMIL) welcomed yesterday the recent release of a number of detainees, including some referred to in its previous statement on arbitrary arrests across ...

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