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

OPEC+ members, including Saudi Arabia and Russia, have agreed to increase oil production by 548,000 barrels per day starting in August.

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on OPEC+’s decision to boost oil production by 548,000 barrels a day starting in August. He highlights how this increase, covered by ...

Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000]( ...

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

OPEC+ accelerates oil production to capitalize on summer demand, raising questions about long-term strategy and market share.

The physical volume of oil exports by OPEC countries in 2024 decreased by 3.55% to 19.01 mln barrels per day. OPEC's share of global oil deliveries was 43.96% last year, which is slightly lower than ...

Past conflicts involving oil-producing nations in West Asia have significantly impacted global crude-oil prices. However, the recent ongoing hostility between Israel and Iran has been less significant ...

Investors are rushing to sell their stashes of American currency over concerns that Trump's economic policies threaten the ...

MOSCOW, June 30. /TASS/. Participants of the 9th OPEC International Seminar will address a broad range of issues related to the development of the global energy sector, including both short-and ...

Brent crude oil price has suffered a harsh reversal in the past few days as the crisis in the Middle East eased ...

Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region without immediate energy security concerns.