War can lead to ‘complications on energy producers’ and hardships on national economies, Iran’s oil minister warned on ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

OPEC+ oil producers are set to approve another big output boost for September as they complete both the unwinding of ...

The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

TASS/. The 9th Opec International Seminar will open in Vienna on Wednesday, bringing together ministers from the world’s leading oil producing countries and top managers of energy companies. The event ...

NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices.

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.