While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...

Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April and ...

Growing concerns over demand are weighing on the oil market's outlook amid OPEC+ supply dynamics and U.S. tariffs, ING ...

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

The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to "the healthy market ...

The decision is a serious negative for the oil market, given that oil demand is rising too slowly to sop up all of the extra ...

Libya plans its first bidding round for oil exploration in more than 17 years, Masoud Suleman, acting Chairman of the ...

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

Output for December 2024 was revised higher by 59kb/d and November 2024 output was revised higher by 54 kb/d compared to last ...

The bloc and its allies, collectively known as Opec+, are set to begin unwinding 2.2m barrels per day worth of production ...

This gradual increase may be paused or reversed subject to market conditions', a statement posted on OPEC's site noted.

UAE affirms commitment to full conformity with additional voluntary production adjustments approved by OPEC+ ...