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 ...

According to S&P Global Ratings data, Moscow produced 122,000 barrels more than its daily quota in July. Now, Saudi Arabia ...

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 ...

OPEC+ nations are discussing a further delay to a planned oil output hike that was due to start in January, two sources from ...

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

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).

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