Seven OPEC+ nations will boost oil production by 188,000 barrels per day in July 2026, marking a second consecutive monthly increase. This ...

OPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its...

Indian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola,...

Seven OPEC+ nations are meeting to set oil production quotas -- the first decision since the UAE left the cartel. The war in the Middle Eas...

UAE Quits OPEC: How the World's Energy Map Just Shifted Permanently. The UAE's departure from the Saudi Arabia-led cartel is being called t...

United Arab Emirates has announced it will exit OPEC and OPEC+ effective May 1, delivering a fresh shock to an already strained global ener...

UAE’s planned exit from OPEC is unlikely to disrupt global oil markets despite its sizable output, say industry executives, though it may d...

The United Arab Emirates has exited OPEC and OPEC+. This move significantly weakens the oil cartel and its leader, Saudi Arabia. Analysts s...

Why is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...

Iran's military command has announced the closure of the Strait of Hormuz, a vital energy shipping channel, citing a US blockade. This move...

A second U.S.-sanctioned supertanker has entered the Strait of Hormuz despite Washington’s blockade on vessels linked to Iranian ports, rai...

Oil prices fell by more than 4% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output, offsetting supply con...

UN leaders urge end to obstruction at climate summit in Dubai as oil producers resist calls to wind down fossil fuels. The UN Secretary-Gen...

Here are four scenarios that could end the Opec's output cap deal earlier than planned.

Fundamentals remain supportive as supply has started to flatten and demand remains robust.

Strong GDP growth data likely: India's September quarter GDP growth data could potentially cheer up financial markets, which have remained ...

A computer game set to hit US stores the day Barack Obama is sworn in as president challenges players to see whether they can do a better j...