OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping ...

What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

Trump knows that Saudi Arabia is critical to lowering oil prices and pressuring Russia to come to the bargaining table.

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

We're seeing a complex interplay of supply and demand factors', said Ann-Louise Hittle, Vice President of Oils Research at ...

The Trump administration has promised to increase leases on federal lands and waters and expedite the permitting process.

Brent crude oil prices are projected to average $73/bbl in 2025, down $7/bbl from 2024, according to Wood Mackenzie’s latest monthly oil market outlook.

Belarus and Russia are coordinating potash production cuts and may form a new cartel, which could drive potash prices higher.

Nigeria has successfully reached its OPEC oil production targets after years of falling short, according to a top official ...

Are OPEC production quotas the main reason for Aramco’s reduced dividends? Attributing Aramco’s reduced dividends solely to OPEC’s production restrictions oversimplifies a complex economic ...