Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

OPEC on Tuesday said oil market stability is key to investment and global economic development and the producers cartel has ...

The location of the US Strategic Petroleum Reserve and the critical role it has played and will continue to play during ...

After having a stellar start to the year, oil prices have slipped again as US President Donald Trump called on the world’s ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

OPEC Secretary General highlights the necessity of oil for energy security and economic growth, advocating for a balanced ...

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

Crude oil price rallied to a 12-week high on Monday amid renewed hopes over the commodity’s demand in the new year. While it ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al Ghais has said that many global ...

According to OPEC's World Oil Outlook 2024, global oil demand is expected to exceed 120.1mln barrels per day by the end 2050, ...