The U.S. had announced a $50 million reward for information leading to Maduro’s arrest before news emerged Saturday of his ...

Oil producers inside and outside the Organization of the Petroleum Exporting Countries are quietly shifting from restraint to ...

The OPEC+ alliance is expected to confirm it will hold oil production steady through the first quarter of 2026, despite a recent public spat between top members Saudi Arabia and the United Arab ...

Oil prices are forecasted to face a glut in 2026, forcing OPEC+ to maintain production cuts against global supply and ...

Saudi Arabia bombed the port city of Mukalla in Yemen on Tuesday over what it described as a shipment of weapons for a ...

The United States told the United Nations on Tuesday it will impose and enforce sanctions "to the maximum extent" to deprive ...

Global oil demand will rise by about 1.4 million barrels per day (bpd) next year, supported by solid economic growth, OPEC said in its monthly report on Thursday, keeping its demand forecasts ...

LONDON, Dec 11 (Reuters) - World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with projections from the International Energy Agency ...

Despite U.S. political maneuvers to replace Venezuela's government, the country is expected to retain its OPEC membership. Venezuela's large crude reserves and historical significance protect its ...

Venezuela will likely retain its seat in OPEC, even if U.S. president Donald Trump succeeds in forcing a change in government in the oil rich country. The U.S. wants to strengthen its alliance with ...

Oil is making a strong comeback as geopolitical agendas shape energy forecasts worldwide. But while the OPEC cartel sees demand rising to 2050 the IEA expects oil peaking by 2030. Marius van der Merwe ...

President Maduro’s appeal to oil-rich nations Sunday laid bare just how isolated he has become, a Latin American oil expert says, before describing Venezuela as "broke" and drowning in $150 billion of ...