Despite declining futures prices, the benchmark retail diesel price rose by a small amount. The post Benchmark diesel price ...

The Organization of the petroleum Exporting Countries (OPEC) and allies (OPEC Plus) have decided to postpone their meetings scheduled for early December to the fifth of the same month. The Joint ...

The OPEC+ (OPEC and non-OPEC) Ministerial Monitoring Committee meeting and the OPEC+ Ministerial Meeting, originally planned ...

Prices for U.S. crude also rose about 2 percent to above $71 a barrel. OPEC Plus had first announced in June that it would gradually increase production by an estimated 2.2 million barrels a day ...

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Adding to Brent Crude’s challenges were rumors that Donald Trump may slash the red tape around oil drilling on Federal lands.

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 announced on Thursday that the OPEC+ group of oil producing countries had postponed their next meeting regarding output policy from December 1 to Dec.

Bloomberg reporters will discuss OPEC+'s options in a Live Q&A on Wednesday, Nov. 27, at 9 a.m. ET. The Q&A is free and available for everyone to listen to here. When OPEC+ ministers meet this ...

Again, if the early demand numbers coming out of Asia are of any consequence, we may need some extra oil this winter after all. Energy World reported that India’s fuel consumption witnessed a robust ...

BAGHDAD: Iraqi Prime Minister Mohammed Shia' al-Sudani and Russian President Vladimir Putin discussed the current situation ...