OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...

Adding to Brent Crude’s challenges were rumors that Donald Trump may slash the red tape around oil drilling on Federal lands.

Iraq, Saudi Arabia and Russia agree on the importance of maintaining stable oil markets and fair prices, Iraq's Prime ...

Both benchmarks settled down $2 per barrel on Monday following reports that Lebanon and Israel had agreed to the terms of a ...

OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the US shale ...

The commission hasn't regulated the railways in decades. Instead, it oversees the state’s vast oil and gas industry.

Breaking from the general sentiment at the COP29 climate summit in Azerbaijan, which seeks to accelerate the phaseout of ...

OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output ...

OPEC+ delegates said they assume next month’s meeting on plans to restore oil production will be held online, rather than at ...

Oil benchmark Brent has held its price floor above $70 for much of November having threatened to breach it at one point. It ...

The OPEC Fund for International Development (the OPEC Fund) has signed a US$30 million loan agreement with Joint Stock ...

Oil prices could drop to the low $60s by the end of 2026 if demand takes a hit from Trump's sweeping tariffs, Goldman Sachs ...