Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

OPEC Secretary General highlights the necessity of oil for energy security and economic growth, advocating for a balanced ...

Supporting investments in renewable energy, energy efficiency, climate adaptation, climate-related equipment production, and ...

An aircraft that U.S. officials say was used to benefit Venezuelan President Nicolas Maduro was seized Thursday in the ...

Energy prices have had a volatile start to the year, driven by a combination of sanction and tariff risks, along with colder ...

OPEC on Tuesday said oil market stability is key to investment and global economic development and the producers cartel has been working to provide that stability. Speaking at the India Energy Week, ...

According to OPEC's World Oil Outlook 2024, global oil demand is expected to exceed 120.1mln barrels per day by the end 2050, ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price ...