Russian Deputy Prime Minister Alexander Novak has discussed the situation on the global oil market with OPEC Secretary ...

SHALE oil production in the United States is projected to decline starting next year. From its peak of 13.5 million barrels ...

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...

The recent escalation of tensions in the Middle East, marked by exchanges of attacks between Israel and Iran, has injected ...

Dubai Prince Abdulaziz bin Salman's tenure as Saudi Arabia's energy minister has marked a decisive shift in OPEC+ dynam ...

The last few years have been rough for the oil and gas sector. Mounting environmental pressure and imbalances in the rates of ...

Oil prices surged over 2% following escalating Iran-Israel tensions, compounded by Donald Trump's call for evacuations from ...

Iran is OPEC’s third-largest producer extracting about 3.3 million barrels per day (bpd) of crude oil, but analysts say other members of the Organization of the Petroleum Exporting Countries could use ...

The Brent crude futures contract was up $1.17, or 1.6%, at $74.4 a barrel as at 0005 GMT and US West Texas Intermediate crude ...

In 2011, I opined on MarketWatch that U.S. oil and gas ... deteriorate or if prices fall below acceptable thresholds. I believe this "flexible" approach is designed to give OPEC more influence ...