News

The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following ...
Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...
Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China talks that could pave the way for easing trade ...
Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...
Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...
The price of oil surged Friday in one of the market’s largest single-day increases in years, reflecting fears that a wider ...
Fatih Birol, executive director of the International Energy Agency (IEA), says the agency is prepared to act if necessary to ...
The global oil market is back in chaos after Israel launched military strikes against Iran on Friday. The move pushed crude ...
OPEC’s secretary-general projects a 24% rise in global oil demand by 2050 and warns of dire consequences from chronic ...
OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...
As for the other main ratings agencies, in late May, S&P Global Ratings said it expects U.S. oil and gas producers to reduce ...