Oil prices have stabilised at pre-Middle East conflict levels following the start of the ceasefire. Expanding the oil supply ...

Oil posts worst week since March 2023, down 12% on Israel-Iran ceasefire. OPEC+ production hike adds pressure but Friday ...

Brent crude oil price has suffered a harsh reversal in the past few days as the crisis in the Middle East eased ...

Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region ...

The world's largest group of oil producers, OPEC+, is set to announce another big increase of 411,000 barrels per day in ...

OPEC's oil output increase in May was less than planned, as some members compensated for previous overproduction, according ...

Output for March 2025 was revised higher by 2 kb/d and April 2025 output was revised higher by 128 kb/d compared to last ...

Crude oil holds above the 200-day MA as traders await OPEC’s decision and summer demand signals. Inventory draws and China’s ...

OPEC+ group of leading global oil producers could bring forward its output hikes by around a year from the initial plan, Igor ...

Oil also powers less of the US economy these days. In 1975, petroleum accounted for 47% of the energy consumed in the United ...

The Organisation of the Petroleum Exporting Countries (OPEC) says it will maintain the global oil demand growth forecast at 1 ...

The Organization of the Petroleum Exporting Countries (OPEC) said on Monday it would keep its forecasts for global oil demand ...