OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data ...

President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil ...

By ripping off the band-aid, the Saudis seem to have accepted that letting prices weaken is a way to regain their lost market ...

“We’re going from ‘drill, baby, drill’ to ‘wait, baby, wait,’” said D. Kirk Edwards, chief executive of a small West Texas ...

LONDON/MOSCOW (Reuters) - OPEC+ ministers will meet on Thursday and are likely to approve a further increase in oil production from May, sources from the producer group told Reuters.

(Reuters) - Oil prices are set to remain under pressure in 2025 as U.S. tariffs and slowing economic growth in India and China weigh on demand, while OPEC+ pushes forward with plans to increase output ...

Oil prices have gained for three consecutive weeks despite concerns that tariff wars could adversely impact demand and push the U.S. economy ...

President Trump has announced that the US will impose tariffs on all cars and trucks imported into the country. Here’s where all EVs available in the US are assembled. Shortly after taking ...

OPEC Plus's decision to increase oil production may provide the US with a strategic advantage in imposing stricter sanctions on Iran, as it could help offset any potential loss of Iranian exports ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. Indonesian President Prabowo Subianto, a long-time member of the Indonesian ...

MOSCOW (Reuters) - Russia's central bank has warned the Kremlin's policy makers the United States and OPEC have the capacity to flood the oil market and cause a repeat of the prolonged price ...

OPEC's decision comes amid steady oil prices and efforts to ensure members compensate for overproduction. OPEC+ has implemented around 6 million barrels per day oil output cuts since 2022 to ...