A broadening of US sanctions on tankers that haul Iranian crude has jammed a crucial cog of the trade, slowing the delivery ...

Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...

Crude oil futures fell as ceasefire boosts Middle East peace prospects. OPEC+ postpones meeting, faces production dilemma.

The best scandals are those that start when someone, somewhere, decides to say something utterly shocking: the truth! A senior official of the OPEC oil cartel has said publicly what many thought ...

OPEC+ is set to meet on Thursday online to discuss what to do with its production curbs for 2025.

Oil prices rose in early European trade, supported by Chinese factory activity growth and expectations that OPEC+ will further delay its planned output hike at a meeting this week.

Oil prices could stall in 2025 as economic weakness in China clouds the demand picture and ample global supplies outweigh ...

The OPEC+ alliance of oil-producing countries has postponed its next meeting on output policy to Dec. 5 from Dec. 1 to avoid ...

OPEC's hands are tied as the cartel will look to navigate indecision within the group to extend production cuts beyond 2024.

OPEC+ has been withholding 2.2 million barrels of oil supply daily for well over a year now—and it might have to start ...

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

The OPEC Fund for International Development (the OPEC Fund) has signed a US$40 million loan as part of a US$394 million ...