OPEC said on Monday it expected the global economy to remain resilient in the second half of this year and trimmed its ...

The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following ...

Key OPEC+ nations added less oil to the market last month than the headline figure of its output plan, as the cartel’s ...

Crude prices have been capped at the $72.00 level but remain 12% above May's range. Fears of escalating tensions between Israel and Iran are keeping downside attempts limited. Russia's Deputy Prime ...

The Organisation of the Petroleum Exporting Countries (OPEC) says it will maintain the global oil demand growth forecast at 1 ...

Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

The Organisation of the Petroleum Exporting Countries (OPEC) says despite a decline in production, Nigeria retained its ...

Oil price hovers at $73 per barrel By Udeme Akpan, Energy Editor THE Organisation of Petroleum Exporting Countries, OPEC, ...

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...