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

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

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

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

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

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

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

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

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

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

The Secretary General of OPEC told the Global Energy Show in Calgary that energy demand is expected to increase by 24 per cent by the year 2050.

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 ...