OPEC+ is widely expected to roll over its current pause on oil production increases into March when it meets on Sunday, according to five delegates cited by Reuters, even as crude prices climb above ...

Oil prices are likely to hold near the $60 a barrel mark this year, as the prospect of oversupply in the market offsets the impact of geopolitical tensions that could disrupt cargoes, a Reuters poll ...

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. could launch a ...

Venezuela’s acting President Delcy Rodríguez has signed a law that will open the nation’s oil sector to privatization.

Oil markets got a jolt this week after an explosion and fire tore through part of Türkiye’s largest refinery, the Tupras Izmit complex, forcing evacuations and an emergency response.

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

As tensions between the US and Cuba rise to the highest levels since the Cuban Missile Crisis, the mood was grim at a recent staff meeting at the US Embassy in Havana.

Energy Aspects co-founder Amrita Sen said that Indian refiners are reducing Russian purchases, while supply disruptions and ...

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

A view of the installations at the Puerto La Cruz oil refinery of Venezuelan state oil company PDVSA, as the National ...

IEW now occupies a "unique position on the global energy calendar," according to Oil Minister Hardeep Singh Puri ...

The decline was largely driven by a web of middlemen and buyers who know Tehran has limited options for unloading its sanctioned crude. | World News ...