Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...

The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following ...

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...

Fatih Birol, executive director of the International Energy Agency (IEA), says the agency is prepared to act if necessary to ...

OPEC’s secretary-general projects a 24% rise in global oil demand by 2050 and warns of dire consequences from chronic ...

Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China talks that could pave the way for easing trade ...

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...

U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

Opec does two things well: produce oil and manage the market to its advantage. The cartel has long held that cutting production and keeping the oil price high beats selling more barrels at lower ...

Analysts at Morgan Stanley in a report for clients released earlier Monday tried to match up production from certain OPEC+ members with the unwinding of 2.2 million b/d of cuts. The aggregate ...