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

The Organisation of the Petroleum Exporting Countries has called for urgent and sustained investment in the global upstream oil sector, warning that a cumulative $14.9tn will be required between 2025 ...

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

Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...

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

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

OPEC, together with its allies, is increasing oil production and anticipates "very strong" demand in the third quarter, with a tight supply-demand balance expected in the months ahead, the group's ...

OPEC is doubling down on its view that global oil demand will keep rising through 2050, with no peak demand in sight, ...

Federal Reserve chair Jerome Powell recently warned that the United States was at risk of stagflation, a combination of high ...

Remember the energy crisis? The United States at one time consumed far more energy than it produced. We were at risk of being ...

Oil markets have largely ignored the overtly aggressive production policy of OPEC+, with geopolitical fears keeping Brent ...

NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners ...