OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output curbs, as members ...

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

OPEC criticizes the IEA's inconsistent messages regarding oil and gas investment, highlighting a recent "U-turn" from ...

Kuwait’s Council of Ministers approved a draft decree that paves the way for the OPEC-member Gulf state to sell debt for the ...

New U.S. sanctions targeting Iran's oil industry and oil minister have boosted oil prices, countering the negative impact of the IEA's report which indicated oversupply and reduced demand forecasts.

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...

Oil futures gain as the EIA's report of a 1.4 million barrel increase in U.S. crude oil stocks is offset by a bigger-than-expected 5.7 million drawdown in gasoline inventories. U.S. inflation for ...