By Ben Aris in Berlin As its parting shot, the Biden administration imposed thetoughest sanctions yet on Russian oil. The ...

Enter Donald Trump. The new US president could call on Opec. He can pledge to ratchet up oil sanctions on Russia to the point where their impact becomes more acute: these would target not only ...

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

For those with a vested interest in Ukraine, U.S. President Donald Trump's first week in office was a bit of a rollercoaster.

Just one week into his presidency, U.S. President Donald Trump has hinted at his approach to U.S. sanctions on Russia. First, ...

The meeting of top ministers from the Organization of the Petroleum Exporting Countries and allies led by Russia, or OPEC+, is scheduled for 1300 GMT on Monday, days after Trump called on OPEC and ...

A top Russian official warned an advanced U.S. missile defense shield move could lead to military "confrontation" in space.

The meeting involved the thirteen OPEC members and the so-called +10 under the leadership of Russia. The organization will again assess market developments next December. Since last May OPEC and ...

Energy prices have had a volatile start to the year, driven by a combination of sanction and tariff risks, along with colder ...

OPEC's total spare capacity is 5.3 million bpd, of which 3.1 million bpd is held by Saudi Arabia, 1.1 million bpd by the UAE, ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

Ukraine has hit one of Russia’s biggest oil refineries in a drone strike overnight, Russian media reports have said. Large ...