Test your knowledge of how oil prices have been affected by previous crises in the Middle East ...

Analysts, OPEC ’s included, have revised down demand forecasts to account for the damage of Donald Trump’s trade wars. Non- OPEC countries, meanwhile, keep pumping more.

OPEC-Plus’s plan to hike production by 411,000 barrels of oil per day in July comes after its recent daily increases totaling 530,000 barrels for the purpose of curbing American production and ...

OPEC's crude production fell last month despite the group's long-awaited plans to increase, with much of the reduction stemming from looming U.S. sanctions on Venezuela.

The cars built on General Motors’ famous 1977 B-body platform are undoubtedly some of its greatest successes. Slimmer, ...

OPEC said the “committee emphasized the critical importance of achieving full conformity and compensation, and reaffirmed that they will continue to monitor adherence to the production ...

The IEA forecasts a major oil supply glut in 2025, and even if OPEC+ continues to limit production, it won't be enough to address the overhang.

Oil futures fell nearly 2% on Wednesday as investors awaited an imminent OPEC+ decision on production cuts, while a larger-than-expected draw in U.S. crude stockpiles last week lent some support ...

Analysts from Standard Chartered note discrepancies between supply estimates from IEA, OPEC, and the U.S. Energy Information Administration, suggesting the perceived 2025 oversupply might be ...

Crude oil futures fell 2% Monday after OPEC reduced its oil demand outlook for 2024 and 2025 once again, citing data received so far this year.

Part of the reason why OPEC is failing to boost prices is because its members are failing to stick to their output targets.

Producer group OPEC and the International Energy Agency, the world's most closely watched forecasters of oil demand growth, are further apart than they have been for at least 16 years in their ...