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

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 ...

Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer driving season ...

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 ...

Dan Pickering, Founder & CIO from Pickering Energy Partners, joins CNBC's Dan Murphy to talk oil prices, and he says OPEC ...

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

SHALE oil production in the United States is projected to decline starting next year. From its peak of 13.5 million barrels ...

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 ...

OPEC Fund President Abdulhamid Alkhalifa will open the Forum alongside President Mohamed Ould Ghazouani of Mauritania and ...