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, ...

WTI crude oil futures extended their recent decline toward $66 per barrel, pressured by prospects of increased Russian supply. The price of the OPEC basket of twelve crudes stood at $72,98 a barrel, ...

Oil prices eased about 1% on Tuesday as U.S. President Donald Trump and Russian President Vladimir Putin discussed moves to ...

Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that it is maintaining its oil ...

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

Oil prices fell significantly this week as OPEC+ brings back ... will proceed with their plan to gradually roll back the ...

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...

OPEC and its allies’ decision to raise crude oil production from April seems more like a move to please US President Donald ...

Nigeria’s oil production has suffered a significant blow following an explosion on one of the nation’s largest oil pipelines, ...

Kazakhstan's Minister of Energy will resign from his position, as announced by the country's presidential office on Tuesday.

The restart comes amid escalating tensions and a deepening crisis in Rivers State, where the pipeline is located, raising ...