Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...

Fears that Israel may destroy Iranian oil facilities to deprive it of its main source of revenue have driven oil prices ...

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...

OPEC's cautious supply return strategy is being seen by many as a price war, but it aims more to balance long-term market share and avoid severe budget impacts than to sharply undercut prices.

The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following ...

U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...

Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China talks that could pave the way for easing trade ...

The Secretary General of OPEC told the Global Energy Show in Calgary that energy demand is expected to increase by 24 per ...

A delegation from Libya’s Ministry of Oil and Gas has taken part in the 24th Annual Statistical Meeting at the headquarters ...

"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...