A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

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

A bipartisan group of U.S. senators introduced a bill to limit, not prohibit, the sale of crude oil from the U.S. Strategic ...

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

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

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 amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

India will begin licensing rounds for oil and gas blocks this week, Oil Minister Hardeep S. Puri announced. He expressed hope that energy supply issues would be discussed during Prime Minister Modi's ...