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

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

Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days ...

Iran has in the past threatened to disrupt shipping through the Strait of Hormuz if it is attacked. The Strait is the exit ...

Oil prices eased on Tuesday, on expectations OPEC+ will decide to increase output at a meeting later this week, while a decrease in trade tensions provided some support. Brent crude futures were down ...

OPEC countries are producing more this year, along with more output from Canada, the U.S. and Guyana. Last month, the ...

Haitham al-Ghais, the Secretary-General of the Organization of Petroleum Exporting Countries, said Tuesday at the Global ...

Oil futures rebounded from the previous day's selloff as the OPEC and non-OPEC ministerial meeting ended with agreement to keep quotas in place through 2026. The meeting came ahead of Saturday's OPEC+ ...

The OPEC Fund for International Development (the OPEC Fund) will convene global leaders, policymakers and innovators for its ...

Amid shifting geopolitical landscapes and complex global economic conditions, oil continues to be one of the most closely watched and volatile commod ...

ASTANA. June 4 (Interfax) - Kazakh Deputy Energy Minister Yerlan Akkenzhenov met with OPEC Secretary-General Haitham Al Ghais in Astana, the Kazakh Energy Ministry's press service said.

THE Organization of the Petroleum Exporting Countries (Opec) and its allies, collectively known as Opec+, recently announced that they will increase oil output ...