“Nevertheless, (today's) oil gains are limited, reflecting persistent concerns over supply and demand headwinds, including ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

Oil prices started the week lower after Trump called on OPEC to increase production and potentially lower prices to help end the war in Ukraine.

OPEC+ has decided to stick to its scheduled production plan despite rising oil prices and pressure from President Trump to ...

In the outlook, the EIA predicted weaker oil prices this year and next, citing expectations that OPEC will roll back its production cuts and non-OPEC oil producers will continue raising their ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

By Charles Ellinas The US Energy Information Administration has just published new forecasts for oil production, consumption and prices to the end of 2026 as shown in Figures 1 and 2 below. Clearly, ...

OPEC+ didn’t make any changes to its existing oil-production plans at a review meeting on Monday, even as President Donald ...

Oil prices edged up in volatile trade on Monday but closed at a one-month low on the expiration of a higher-priced contract, ...