Despite the Gaza war being ignited by a breaking of a previous ceasefire with Israel, U.S. president Joe Biden stated that "This is designed to be a permanent cessation of hostilities; what is left of ...

OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in ...

OPEC+ has few options when it comes to bringing back the oil production capacity it has been keeping off the market, ...

Global Crude Oil markets eased back on the news, with US West Texas Intermediate (WTI) Crude Oil whipsawing over 3% top-to-bottom after Israel headlines hit markets. WTI is now trading into familiar ...

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.

Goldman Sachs expects Brent prices to average around $80 per barrel this year, despite a 2024 deficit and geopolitical ...

Oil prices rose on Tuesday as traders eyed OPEC+ discussions on output and anticipated the potential impact of U.S. President ...

All participants in the talks noted that "OPEC plays a crucial role in this regard," Iraqi Prime Minister Mohammed Al Sudani added ...

OPEC+ nations are discussing a further delay to a planned oil output hike that was due to start in January, two sources from ...

Russia's seaborne crude oil exports have fallen significantly in recent weeks, driven by lower shipments to India, raising ...

Saudi Arabia and its OPEC brothers had just fought and lost the 2014-2016 Oil Price War aimed at destroying or at least ...