OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction ...

Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million ...

The Trump administration believes Iran is trying to build a nuclear bomb, an allegation that the Islamic Republic has denied.

Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...

West Texas Intermediate oil futures are falling 3%, taking the front-month contract to less than $57 a barrel after Reuters reported that [Saudi Arabia was unwilling to continue propping up the market ...

Oil prices fell to a four-year low in April, weakened by a US-China trade war and the unexpected decision by OPEC+, which ...

Gas prices are dropping ahead of the summer travel season and experts say they'll likely stay low through this year.

Opec+ members have been holding back production for the past three years, cutting their combined output by almost 6mn b/d in ...

OECD commercial stocks remain well below the 5-year average, but oil prices remain low. OPEC has reduced its demand estimates for World liquids in 2025 and 2026, but revised its 2024 demand ...

OPEC's market share in India has dropped to an all-time low, below 50%, in the 2024-2025 fiscal year, as Russia's crude oil ...

In recent years, Saudi-led OPEC has limited output to boost oil prices, holding Brent crude oil to largely $70 to $90 per barrel. But there have been tensions within the membership and wider OPEC+ ...