LONDON, Jan 30 - OPEC+ is likely to keep its pause on oil output increases for March when it meets on Sunday, five delegates told Reuters, even as crude climbs above $70 a barrel on concern the U.S.

Oil prices remain stuck in a narrow band even after soaring 15% in January, partly on fears of a fresh U.S. strike on Iran. Tough talk on either side is unlikely to push crude prices much higher, ...

Multiple sources told Reuters that Trump is weighing targeted strikes on Iranian security forces and leaders to inspire protesters.

OPEC projects road transport to add 4.6 mbpd and petrochemicals to emerge as a key growth pillar as India becomes the world’s biggest source of incremental oil demand.

A former president of Opec enjoyed a “life of luxury” in the UK including chauffeur-driven cars and a personal shopper at ...

Diezani Alison-Madueke accepted cash bribes and “vast quantities” of luxury perks in exchange for handing over lucrative ...

Lawyers for Diezani Alison-Madueke, the first woman president of OPEC, denied in a London court Thursday that the former ...

Iran faces rising logistical expenses—from ship-to-ship transfers to tanker reflagging—meaning it pays more just to sell each ...

[NEW YORK] Oil prices climbed 3 per cent to a five-month high on Thursday on rising concerns that global supplies could be ...

Oil prices rise amid escalating Middle East tensions as Trump threatens Iran, prompting fears of supply disruptions.

The prospect of Venezuela's oil market opening is exciting, but ExxonMobil investors may want to curb their enthusiasm.

State-owned PetroChina has told its traders not to buy or trade Venezuelan crude since Washington ​took control of the OPEC ...