Or an optimistic step towards a new future?Speaking to The National at the Hofburg, Opec secretary general Haitham Al Ghais ...

Synthetic motor oil has been around for longer than you might expect, but most classic cars were designed to run with ...

The Organisation of the Petroleum Exporting Countries (OPEC) has called for urgent and sustained investment in the global ...

Although today’s dangers are not in the same league as a world war, they are significant. Pundits talk of a “polycrisis” ...

Who would have thought that oil would become the most powerful impetus for the development of wind energy in the 20th century ...

OPEC’s total output, including all 13 members of the cartel, rose 234,000 barrels a day in June to 28.72 million barrels a day, the group said in its monthly market report.

The year before Covid-19 hit, the United States became a net exporter of energy for the first time since 1952, sending a strong message to the rest of the world: The country would not be beholden ...

Oil demand forecasts diverge as OPEC boosts supply, IEA turns bearish, and EIA warns of surpluses. Explore the full crude oil ...

The world’s largest oil company is also investing billions of dollars to increase its maximum sustained crude oil production from 12 million barrels per day to 13 million barrels per day.

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

OPEC’s oil production rose last month as Libya restored output that was halted during a brief political crisis. Supplies from the Organization of Petroleum Exporting Countries increased by ...

Saudi Arabia, Russia and their oil-producing allies announced on Sunday that they would cut production by more than 1.2 million barrels of crude a day, or more than 1 percent of world supplies, in ...