Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...

The Saudi Ministry of Energy reaffirmed Friday that it remained “fully compliant” with its voluntary OPEC+ target. “Marketed ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower ...

Libyan Oil Minister, Khalifa Abdul Sadiq has discussed with his Saudi counterpart, Prince Abdulaziz bin Salman, during a meeting on the sidelines of the OPEC symposium, ways to enhance cooperation on ...

NEW YORK: Oil prices rose over 2% on Friday as the International Energy Agency said the market was tighter than it appears, ...

While US President Donald Trump’s chaotic tariff strategy has disrupted the oil market for months, his renewed attacks on ...

The oil market is absorbing additional crude supplies from Opec+ without creating excess inventories, underscoring robust ...

Crude oil futures firmed up gains for the week on prospects of potential US sanctions on Russian oil and reports that OPEC+ ...

The Central Bank of Kenya (CBK) has revealed that global oil prices have risen ahead of the Energy and Petroleum Regulatory ...

Oil prices surged over 2% due to IEA's report of a potentially tighter global market driven by strong summer demand. Concerns about new US tariffs and potential sanctions on Russia further fueled the ...

While some voice hope for unity and peace, others remain sceptical, questioning the sincerity of the process ...