The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

Oil prices fell significantly this week as OPEC+ brings back ... will proceed with their plan to gradually roll back the ...

WTI crude oil futures extended their recent decline toward $66 per barrel, pressured by prospects of increased Russian supply. The price of the OPEC basket of twelve crudes stood at $72,98 a barrel, ...

Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that it is maintaining its oil ...

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...

OPEC and its allies’ decision to raise crude oil production from April seems more like a move to please US President Donald ...

The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.

Nigeria’s oil production has suffered a significant blow following an explosion on one of the nation’s largest oil pipelines, ...

Trump promised lower energy prices, and he’s using the White House to bring them down, even if it hurts American oil and gas ...

The restart comes amid escalating tensions and a deepening crisis in Rivers State, where the pipeline is located, raising ...

Kazakhstan's Minister of Energy will resign from his position, as announced by the country's presidential office on Tuesday.