Markets are thirsty for oil because they are absorbing Opec+ production increases without building inventories, United Arab ...

Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional ...

WTI Crude Oil is trading higher on Wednesday as attacks in the Red Sea overshadow reports of rising supply.

Oil fluctuated as traders weighed a large gain in US crude stockpiles against fresh US efforts to crimp Iranian crude exports.

The prestigious seminar, hosted at OPEC’s headquarters in Vienna, drew global leaders, energy policymakers, and industry ...

Ministers and executives from OPEC nations, along with bosses of Western oil majors, stated on Wednesday that increased ...

The European Union has requested an additional 14 billion cubic meters per year from Azerbaijan. This was stated by the ...

OPEC+ to Increase Output by 548,000 Barrels a Day in August. What it Means for Oil Markets. A court-appointed special master recommended a bid backed by Gold Reserve and Koch over a rival hedge-fund ...

VIENNA, July 9. /TASS/. Decisions taken by the OPEC+ reveal that the alliance understands the condition of the oil market and its needs better than anyone else, Energy Minister of the UAE Suhail Al ...

Over the weekend, the group announced a larger-than-expected hike of 548,000 bpd for August, the fourth consecutive monthly ...

War can lead to ‘complications on energy producers’ and hardships on national economies, Iran’s oil minister warned on ...