Following an online meeting lasting just over an hour, the producer group announced the supply increase, saying the fundamentals of the oil market were healthy and inventories were low ...

The Russian people are paying the price of Vladimir Putin's catastrophic war in Ukraine with high inflation and double-digit ...

The EU's temporary trade liberalization measures for Ukraine are set to expire, leading to negotiations for a new trade regime under the EU-Ukraine Association Agreement.

A price drop benefits any country seeking to cut its fuel bill. But in oil producing nations, lower prices can feed economic ...

Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June at the risk of driving down already very low prices.