OPEC+ is expected to keep its oil output policy unchanged for October. The group needs to agree new quotas before deciding future output st...

Futures for the Nasdaq 100 Index fell 0.3% and those for the S&P 500 Index retreated 0.2% as initial enthusiasm about the artificial intell...

OPEC+ opted for a modest 137,000 bpd output increase for November, citing concerns over a potential global glut as non-OPEC supply rises an...

OPEC+ is increasing oil output, aiming to regain market share from U.S. shale producers. Previous attempts failed, but rising U.S. shale co...

In 2024, OPEC's share in India's crude oil imports increased for the first time in nine years to 51.5%, as Russia's share fell due to new s...

OPEC will stop publishing a calculation of the world's demand for its own crude in its monthly oil report, two sources close to the matter ...

As the pandemic brought about a historic slump in crude demand, a string of oil majors earlier this year predicted peak oil demand happenin...

Oil prices have plunged more than 40 per cent this year after an unprecedented collapse in demand.

Opec+, set up in 2016, has worked to support prices by cutting output.

US shale's increase is equal to about half of the OPEC cuts and twice that of Russia's cuts.

The strength of shale's rebound suggests that Opec faces a long-term struggle against this new source of supply.

In a chat with ET Now, Azlin Ahmad, Editor-crude oil, Argus Media, says fundamentally the market remains fairly weak and there are not any ...

China, the world’s secondbiggest oil consumer, said it will suspend fuel price cuts while crude continues to fall to slow consumption growt...

OPEC, a group of 12 oil producer countries, is meeting on Friday to stabilise (read increase) oil prices. But the outcome of the meeting ap...

Saudi crude production in the first nine months of 2015 hit 10.21 million bpd, up from 9.69 million bpd in 2014, Reuters data showed.

OPEC's policy meeting in December will welcome Indonesia's return as a member, complicating a decision by the producer group on whether to ...

Oman is a small non-OPEC oil exporter which lacks the huge financial reserves that its Gulf neighbours can use to ride out low energy price...