The location of the US Strategic Petroleum Reserve and the critical role it has played and will continue to play during ...

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

OPEC Secretary-General Haitham Al-Ghais stressed that the organization’s decisions are guided by a long-term vision for ...

The sophisticated view among hedge funds and global wealth managers is that the British economy is gradually recovering from ...

OPEC's Secretary General Haitham al-Ghais emphasizes the importance of oil market stability for global economic growth and investment. He highlights OPEC+ unity in analyzing and balancing supply and ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

Europe’s biggest energy producers and traders warned the European Commission against introducing a gas price cap as a tool ...

Crude's weakness on Wednesday “stems from the Federal Reserve keeping a hawkish outlook in place despite President \[Donald\] Trump’s request for the Fed to cut rates in order to spur investment from ...

Oil prices edged up to a two-week high on Tuesday as sanctions raised concerns about Russian and Iranian oil supplies and on ...

OPEC on Tuesday said oil market stability is key to investment and global economic development and the producers cartel has ...

China, India, other Asian countries, as well as Latin American and Middle Eastern states, are expected to be the main drivers of oil demand growth ...