Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...

Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China talks that could pave the way for easing trade ...

The oil market can absorb OPEC's production increases through summer, but sustaining that pace risks leading to sharp price declines and a shift to contango, where future prices are higher than spot ...

OPEC oil output rose in May, a Reuters survey found, although the increase was limited as Iraq pumped below target to ...

After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...

OPEC’s secretary-general projects a 24% rise in global oil demand by 2050 and warns of dire consequences from chronic ...

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

As for the other main ratings agencies, in late May, S&P Global Ratings said it expects U.S. oil and gas producers to reduce ...

Oil prices jumped over 8% Thursday night following Israel’s military strikes on Iran, marking a significant escalation in the Middle East conflict. West Texas Intermediate ( CL=F) rose to nearly $74 ...

Bero, the chairman of the Organisation of the Petroleum Exporting Countries (OPEC) board of governors and OPEC governor for ...