OPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...

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...

Seven key OPEC+ oil nations are poised to increase July output by approximately 188,000 barrels per day. This decision comes as the group m...

OPEC+ plans a small oil output increase. This boost will be symbolic as the U.S.-Iran conflict blocks vital Gulf oil routes. The Strait of ...

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...

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

In a dramatic turn of events, the United Arab Emirates has officially exited OPEC, signaling a significant transformation within the global...

Why are oil prices up today, and will US WTI, Brent crude futures continue to rise or fall again? Oil prices rose after a drop in US fuel s...

Oil prices surged past $100 a barrel after reports of gunfire attacks on three container ships in the Strait of Hormuz. This comes amid ong...

Why are oil prices nearing $110, and will Brent and US WTI crude futures continue to rise or fall again? Oil prices remain near $110 as the...

Russia and Saudi Arabia will provide 60 per cent of the total production increments scheduled for May 2026, leading a collective move by ei...

OPEC+ will boost oil production by 206,000 barrels daily from May. The cartel warns that repairing damaged energy facilities from conflicts...

Oil prices dipped despite a severe winter storm disrupting U.S. Gulf Coast production and refineries, with analysts estimating significant ...

Oil exports from Kazakhstan via the Caspian Pipeline Consortium's Black Sea terminal have been halted. Bad weather and full storage tanks a...

Russian oil output increased in October, reaching 9.382 million barrels per day. This rise comes as global oil producers continue to boost ...

Brent crude futures slipped 26 cents, or 0.41%, to $63.89 a barrel by 0104 GMT. U.S. West Texas Intermediate crude fell 27 cents, or 0.44%,...

Kazakhstan's oil output experienced a decrease in early April compared to the March average, primarily due to reduced production at the Ten...