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

Trump is likely to continue his historical enforcement of a strategic oil price range to benefit U.S. economic and political ...

The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5 in what analysts said were ...

Top OPEC+ ministers have held talks ahead of the oil producer group's weekend meeting to set output policy, which OPEC+ ...

The ministerial meeting of the Opec+ alliance initially scheduled for Sunday (Dec 1) has been pushed back to December 5, the ...

The United Arab Emirates has been accused of defying production cuts from the Opec+ oil cartel, as tensions threaten to ...

Saudi Arabia has signaled that is is ready to flood the market with oil if OPEC doesn't commit to curbing supply. That bodes ...

Iraq, Saudi Arabia and Russia agree on the importance of maintaining stable oil markets and fair prices, Iraq's Prime ...

The JODI data also revealed that the kingdom’s production of refined products rose to 2.76 million barrels a day (mbbl/d).

Hammer was not the only market observer to point out another delay: Goldman Sachs said the recent oil drop would prompt ...

Russia's seaborne crude oil exports have fallen significantly in recent weeks, driven by lower shipments to India, raising ...