The broader trend suggests that other market forces (such as supply shocks, demand growth, and geopolitical risk) likely play ...

OPEC, together with its allies, is increasing oil production and anticipates "very strong" demand in the third quarter, with ...

The oil cartel OPEC will soon be old enough to retire, but will oil be phased out as the world embraces the green revolution?

NNPC plans to push for a 25% increase in Nigeria’s oil output quota by 2027, citing refinery growth and improved production.

Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...

The veteran analyst reiterated his belief that the recent geopolitics-fueled rally in rates was the start of prolonged ...

ICE Brent settled a little more than 1.6% lower yesterday, taking prices back below US$70/bbl, despite President Trump’s ...

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional ...

OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...

Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...

Despite the energy transition, Saudi leaders stress oil’s continued role in a volatile global market, framing renewables not ...