The OPEC Fund for International Development (OPEC Fund) will convene global leaders, policymakers and innovators for its fourth Development Forum on Tuesday, June 17, 2025, in Vienna, Austria, under ...

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

For one thing, early reports indicate the air strikes did not hit Iran’s petroleum facilities, which means the Islamic ...

Global Energy Show Canada attendees enthusiastically repeated positive oil forecast despite reports showing steep drop over ...

At a two-day meeting ending Tuesday, the Japanese central bank is widely expected to maintain its policy rate at 0.5%, the level it has been at since the last hike in January, before trade frictions ...

A sustained rise in the price of crude oil, which jumped sharply after Israel attacked Iran, could hurt consumers and ...

At a two-day meeting ending Tuesday, the Japanese central bank is widely expected to maintain its policy rate at 0.5%, the level it has been at since the last hike in January, before trade frictions ...

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

Oil prices surged, stocks dropped and investors flocked to safe havens like gold on Friday after tensions between Israel and ...

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

The global oil market is back in chaos after Israel launched military strikes against Iran on Friday. The move pushed crude ...

"Today's statement in social media by the IEA executive director regarding current market conditions and potential use of oil emergency stocks raises false alarms and projects a sense of market fear ...