OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

Kazakhstan has no plans to reduce its record-high crude and condensate output in May, further straining the OPEC+ alliance by ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

Oil prices may have no relief from further downside in the second half of 2025 with increased supply from the OPEC+ flooding ...

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...

Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest ...

LONDON -Oil prices rose over 1% on Thursday, buoyed by hopes of a breakthrough in looming trade talks between the United States and China, the world's two largest oil consumers. Brent crude futures ...

Oil and gas drilling permit applications in Texas, the top U.S. oil-producing state, fell to their lowest last month since ...

It is very easy to fall for the temptation of layering various types of conspiracy theories together as explanations of ...

Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy. Click to read.

Muhammad bin Salman, the crown prince and de facto ruler, often known as MBS, has been trying for a decade to ease Saudi ...

Oil futures headed higher on Thursday, supported by potential progress on international trade agreements. U.S. Treasury Secretary Scott Bessent plans to meet with China’s top economic official in ...