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 ...

The benchmark diesel price used for most fuel surcharges rose Monday by the smallest increment used by the Department of ...

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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.

according to a statement posted on OPEC’s website on Sunday. They had already postponed the restart from October as faltering demand in China and swelling supplies from the Americas pressure prices.

The move by OPEC Plus is apparently intended to shore up oil prices. OPEC Plus comprises the Organization of the Petroleum Exporting Countries and other major producers such as Russia. The group ...

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 ...

VIENNA-- Crude oil production by the countries participating in the OPEC Plus group increased by 210,000 barrels per day (bpd) in October as compared to last month, reaching some 40.34 million bpd, ...

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 ...