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.

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

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

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 ...