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

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 ...

The OPEC+ group of oil-producing countries did not take a decision on increasing production at an online meeting of the oil ministers involved, a statement released after the meeting indicated on ...

The OPEC Fund for International Development (OPEC Fund) will convene global leaders, policymakers and innovators for its fourth Development Forum on Tuesday, June 17, 2025, in Vienna, Austria, under ...

Natural gas retreats as weather forecasts stay bearish. WTI oil did not manage to settle below the psychologically important $60.00 level. Brent oil tested support at $62.00 - $62.50. Natural gas is ...

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+ ...

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

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

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 ...