Iraq's recent discovery of a significant new oil field in the eastern province of Missan has sparked concerns for Nigeria's ...

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

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

Political instability, wars, and sanctions can disrupt supply and impact prices. The decisions of OPEC, a group of major Oil-producing countries, is another key driver of price. The value of the US ...

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

GazaOil prices remained steady on Wednesday after Israel and Hezbollah agreed to a ceasefire, while traders weighed the ...

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

Oil prices edged higher in early Asia trade on reports of potential further delays to OPEC’s planned production hikes, ANZ research analysts said.

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

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

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

All participants in the talks noted that "OPEC plays a crucial role in this regard," Iraqi Prime Minister Mohammed Al Sudani added ...