When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, ...

OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...

Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest ...

Crude oil prices have stabilized in recent weeks as traders gear up for a meeting of OPEC and its allies. There are signs ...

Adding to Brent Crude’s challenges were rumors that Donald Trump may slash the red tape around oil drilling on Federal lands.

Hammer was not the only market observer to point out another delay: Goldman Sachs said the recent oil drop would prompt ...

OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in ...

OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the US shale ...

OPEC+, the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, are discussing a further delay ...

OPEC will likely remain committed to production curbs for yet another month, the energy minister of Azerbaijan told Reuters ahead of the group’s Sunday meeting. “OPEC+ could or couldn't discuss oil ...

Breaking from the general sentiment at the COP29 climate summit in Azerbaijan, which seeks to accelerate the phaseout of ...

Russia's seaborne crude oil exports have fallen significantly in recent weeks, driven by lower shipments to India, raising ...