OPEC oil output fell in January, a Reuters survey found on Tuesday, as Iraqi exports declined and Nigerian output did not ...

The non-story of the week is — or rather, should have been — the OPEC+ meeting of the world’s top oil exporters, who meet ...

The Government has hiked windfall profit tax levied on domestically-produced crude oil, as well as on the export of diesel and ATF, in line with firming international oil prices, according to an ...

OPEC’s crude oil production fell in January by around 60,000 barrels per day (bpd) due to cuts by top producer Saudi Arabia ...

Oil prices rebounded on Thursday after tumbling in the previous session as a weaker dollar brought back some appetite for ...

LONDON: OPEC oil output fell in January, a Reuters survey found on Tuesday, as Iraqi exports declined and Nigerian output did ...

Administration officials now point to intensified opposition in Congress as a chief outcome of OPEC’s decision to slash output ahead of last year’s elections.

Experts say the decision by Saudi Arabia, Russia and other major oil producers could be motivated by a desire to maintain ...

Crude oil prices reversed their losses on Thursday after the Organisation of Petroleum Exporting Countries (OPEC) agreed to maintain its planned monthly oil output. OPEC on Wednesday disclosed this at ...

A committee of major oil producers recommended Wednesday to maintain the cartel's current reduced output strategy, as the global economic outlook remains uncertain and the war in Ukraine drags on.