At a virtual meeting Saturday, eight core members led by Saudi Arabia agreed to add 548,000 barrels per day (bpd) to global ...

Despite record investments in renewables and net-zero pledges, global carbon emissions reached an all-time high in 2024 ...

An analysis argues that deporting Elon Musk would severely cripple US space exploration and hand dominance to China, ...

The sudden death of Andrey Badalov, 62, vice president of state-owned pipeline giant Transneft, who fell from an elite Moscow ...

Traders say the discount on Urals oil for August delivery to India has narrowed to just $1.70–$2 per barrel below dated Brent ...

Russian President Vladimir Putin informed US President Donald Trump that Russia will not abandon its objectives in Ukraine, ...

OPEC’s June oil production rose by 270,000 bpd, but weak compliance and inconsistent enforcement raise doubts about whether ...

On a quiet trading day, oil prices moved slightly lower due to expectations of another output hike from OPEC+ when the group meets on Saturday.

Saudi Aramco is considering selling up to five power plants and increasing debt to sustain payouts to Saudi Arabia amid ...

Oil prices made a modest recovery as June ended, driven by easing Middle East tensions, strong summer gasoline demand, and ...

As Iran-Israel tensions subside, regional focus shifts to Sudan and the Red Sea, where Gulf allies Saudi Arabia and the UAE ...

OPEC+ is accelerating its next meeting to approve a 411,000 b/d production increase as the group, led by Saudi Arabia, aggressively seeks to regain market share.