OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...

Adding to Brent Crude’s challenges were rumors that Donald Trump may slash the red tape around oil drilling on Federal lands.

OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in ...

OPEC+ nations are discussing a further delay to a planned oil output hike that was due to start in January, two sources from ...

OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the US shale ...

OPEC will likely remain committed to production curbs for yet another month, the energy minister of Azerbaijan told Reuters ahead of the group’s Sunday meeting. “OPEC+ could or couldn't discuss oil ...

Russia's seaborne crude oil exports have fallen significantly in recent weeks, driven by lower shipments to India, raising ...

Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...

Breaking from the general sentiment at the COP29 climate summit in Azerbaijan, which seeks to accelerate the phaseout of ...

The Nigerian National Petroleum Company Limited and the Nigerian Upstream Petroleum Regulatory Authority say the country’s ...

The OPEC Fund for International Development (the OPEC Fund) has signed a US$30 million loan agreement with Joint Stock ...

The Nigerian National Petroleum Company Limited (NNPC) has stated that Nigeria's crude oil production exceeded the assigned ...